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Xingran / 常州兴燃

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Changzhou PEM electrolyzer / stack OEM (XRH/XRF series)

Changzhou, ChinaFounded 2018Energy

Valuation $50–100M Last recorded · 2025

Total funding $10–50M Disclosed equity funding

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About Xingran / 常州兴燃

Xingran (常州兴燃 / 兴燃科技 / XR-H2) is a Changzhou PEM electrolyzer and stack OEM (XRH/XRF series through roughly 250 Nm³/h class) with a reported ~26k m² fab in Wujin High-Tech Zone. Legal/insured footprint aligns with Changzhou Xingran (~93 insured; curated employees band 51-200). Founded 2018. Soft-skip second ADD of marketing twin xr-h2.com and no force-merge. Kill prior wrong Suzhou Shi HQ and Shaanxi-only EN naming; city-level Changzhou only, no street pin. Mid-size PEM leftover beyond Shine-Hydrogen / AEMHY / HydoTech / H-Rise ADD.

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At a glance

Status: Operational
Founded: 2018
Headquarters: Changzhou, China
Open positions: None listed
Dealroom signal: 17.3/100
Industry: Energy
Sub-industry: Clean Energy
Sector: Energy
Links: Website

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Funding history

1 recorded event

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
EARLY VC✓Equity / VC	Jan 2025	$14M	$55M	Infore Capital · Shaanxi Xixian Financial Holding Group · Tianhong Investment	↗

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Growth signals

Xingran / 常州兴燃 website traffic

Latest recorded traffic for Xingran / 常州兴燃 is 820 monthly website visits.

Latest monthly visits820

Monthly website visitsSep 2025–Nov 2025

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