Supermag® announced the completion of a cumulative over 100 million yuan Series A financing round. Qiming Venture Partners and China Fortune-Tech Capital led the round, with Runzhang Capital co-leading the investment. CDB Venture Capital, Oriza Holdings, Oriza Seed, and others also participated as joint investors. The funds will primarily be used for the market promotion of existing products, R&D of new products, and team building, accelerating the industrialization of magnetic levitation bearingless motor technology and products.