Minyuan Sensing Technology announced that it has received $2.8 million in funding from Hanwei Electronics Group Corporation, Shanghai Tanzhen Venture Capital Investment Management Co., Ltd.

Hanwei Electronics Group Corporation, formerly Henan Hanwei Electronics Co.,Ltd., is a China-based company principally engaged in the provision of intelligent city integrated solutions. The Company is engaged in the research, development, production and sale of sensors. The Company also provides environmental monitoring and governance solutions, as well as utility services and solutions. The Company is also involved in the informatization of gas, water supply, heating and other municipal management through the Internet of Things platform solutions. The Company operates its business in domestic and overseas markets.