Backed by Legend Capital, TOPNC Raises Hundreds of Mns of CNY From Series D

2022.08.01

Shanghai TOP Numerical Control Technology Co., Ltd. (hereinafter referred to as TOPNC), a high-end manufacturing technology company, recently announced the completion of the Series D financing with several hundred million yuan, which was backed by Legend Capital.

TOPNC, founded in 2007, is a high-end manufacturing technology company dedicated to providing intelligent manufacturing equipment and process solutions for aerospace companies. Focusing on aerospace vehicle production, products from TOPNC include mirror milling machines, large ultra-high precision five-axis machines, large horizontal five-axis machines, standard five-axis machines, and aerospace assembly.

All the main products of TOPNC are included in the key development direction of "Made in China 2025", which realized the technology target of aerospace intelligent manufacturing equipment planning to be achieved in 2025-2030. Since its establishment, TOPNC has won many awards, including the "2nd Prize of National Award for Science and Technology Progress ", "1st Prize of National Defense Award for Science and Technology Progress", "China International Industry Fair Innovation Gold Award", "1st Prize of CASC Award for Science and Technology Progress". TOPNC has also been selected to host or join many national and provincial level scientific and technological research projects, such as the National Science and Technology Major Project and the New Model Application Project of Intelligent Manufacturing.

Arthur GE, Managing Director of Legend Capital, said: " The five-axis linkage CNC machine tool is the "crown jewel" of the equipment manufacturing industry, and it is also one of the technology shortages in China. TOPNC has the courage to open up and has created the first sets of records in many industries, breaking the monopoly and filling the market gap in China. With its outstanding technological strength and profound accumulation, TOPNC aligns with Legend Capital's long-term investment strategy in hard technology. We are honored and look forward to working with TOPNC to contribute to the transformation and upgrading of China’s manufacturing industry and the sustainable development of the aerospace industry."

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