Kobelco Spring Wire Co., Ltd. announced that it has received CNY 650 million in funding from Shinko Wire Company Ltd. and Suncall Corporation.

SUNCALL CORPORATION is a Japan-based company mainly engaged in the manufacture and sale of products for automotive and electronic information and communication fields. The Company has three regional segments. The products for automotive field include material related products such as oil-tempered wires, hard steel wires, piston ring materials, precision deformed wires and others, as well as automotive related products such as valve springs for automobile engines, automatic transmission (AT) parts, anti-lock brake system (ABS) sensor rings, ABS actuators, valve cotters and others. The products for electronic information and communication field included suspensions, paper feed rollers for printers, precision parts for optical fibers and others. The other products include probes for electronic circuit inspection equipment, precision cams and assist robots. The Company operates within the domestic market and to overseas markets, including United States, Mexico, China, Vietnam and Thailand.