Newstart Planetary Gear Boxes Co., Ltd. announced that it has raised a round of funding on January 11, 2024. The transaction included participation from new investors, Guotou China Merchant Investment Management Co., Ltd., Shandong New Growth Drivers Fund Management Co., Ltd., Hongtai Capital Holdings, Zibo High-tech Industry Investment Co., Ltd., SPIC Industry-Finance Holdings Co., Ltd., Shanghai Orient Securities Capital Investment Co., Ltd., Shanghai Lanpu Investment Management Partnership Enterprise (G.P.), Chengdu Hurong Venture Capital Management Co., Ltd., Beijing Nuohua Capital Investment Management Co., Ltd., Shandong Hi-speed Company Limited.