Xiping Technology closes RMB100m Series A+ round by Harvest Investments

Xiping Technology announced that it has completed a Series A+ financing round of nearly 100 million yuan. And the investor is Harvest Investments. This is also the fourth round of financing for Xiping Technology after investments from Zhencheng Capital, DT Capital Partners, and Guangzhou Daily Media Company.

Xiping Technology announced that it has completed a Series A+ financing round of nearly 100 million yuan. And the investor is Harvest Investments. This is also the fourth round of financing for Xiping Technology after investments from Zhencheng Capital, DT Capital Partners, and Guangzhou Daily Media Company.

Xiping Technology focuses on independent research and development of new material screen, the AIOT-LED screen, covering extensive markets in cities of third-tier and below, and rural areas.

Xiping Technology has developed an intelligent advertisement placement system. If clients want to place offline advertisements, they can choose the area precisely and set the duration flexibly, which is very convenient. This way of buying advertisements is similar to shopping on Taobao, and can monitor the status of advertisements in real time after they are put into place.

Through innovations in technology and business model, Xiping Technology has realized that hardware, location and maintenance operation costs are only 1/10 of their competitors. It has pioneered the design of cost-effective products for elevator advertising, providing affordable elevator advertising for SMEs.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/24/xiping-technology-closes-rmb100m-series-a-round-by-harvest-investments/.

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