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TOPNC

eCommerce & Marketplaces · Minhang District, China · Founded 2007

Specializes in CNC technology, precision transmission technology, and advanced process technology MoreLess

Shanghai Top Numerical Control Technology Co., Ltd. (TOPNC) is a specialized provider of high-end intelligent manufacturing equipment and process solutions, primarily targeting the aerospace sector. The company was established on May 18, 2007, by a group of experts and PhDs in fields like mechanical manufacturing and automation, including Dr. Wang Yuhan, a former professor at Shanghai Jiao Tong University. The founding team was driven by the goal of localizing critical manufacturing technologies, particularly for advanced five-axis computer numerical control (CNC) machine tools, a market segment where China faced technological blockades.

TOPNC's business model revolves around the design, research and development, production, and sale of its specialized machinery. Its clientele consists of core enterprises within China's aerospace industry, such as AVIC entities (Chengfei, Xifei, Shenfei) and subsidiaries of the China Aerospace Science and Technology Corporation (CASC). The company's products have been integral to major national projects, including the Long March series of rockets and domestic aircraft programs. Revenue is generated from the sale of these high-value equipment systems and providing related services and process solutions.

The company's product portfolio is centered on advanced manufacturing hardware. Key offerings include five-axis linkage CNC machine tools, specialized aerospace assembly equipment, and comprehensive intelligent production lines. A significant achievement is the development of "mirror milling" technology, which addresses the complex challenge of precisely machining large, flexible components like aircraft skins. TOPNC has developed eight core product lines, featuring gantry five-axis machining centers, horizontal five-axis flip milling centers, and robotic drilling equipment. The company has received numerous accolades for its technological advancements, including the National Science and Technology Progress Award. After several attempts, the company is again pursuing an IPO, having filed an application in Hong Kong in May 2025.

Keywords: five-axis CNC machine tools, aerospace manufacturing, intelligent manufacturing equipment, mirror milling technology, aerospace assembly, process solutions, numerical control technology, advanced manufacturing, gantry machining centers, robotic drilling equipment, friction stir welding, Wang Yuhan, Shanghai Jiao Tong University, AVIC, CASC, aircraft components, rocket manufacturing, smart factory solutions, high-precision machining, industrial mother machines

Valuation $500M–1B
Revenue $50–100M
Headcount <100
Total funding $50–100M
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Company overview

TOPNC company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2007
Headquarters
Minhang District, China
Employees
2
Open positions
None listed
Dealroom signal
59.2
client focusb2btechnologyDeep Techbusiness modelMarketplace & ecommercesectorMachinerysectorMachinery ManufacturingsectorComponent SuppliersectorEngineering SolutionssectorIndustrial TechnologysectorVerified Unicorns and $1B ExitssectorManufacturing TechsectorDT and LSsectorscience-basedindustryEngineering and Manufacturing Equipment

Valuation & funding

TOPNC funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
IPOExit May 2026 $206M $1.4B UBS · Goldman Sachs · Boyu Capital · CDH Investments
SERIES DEquity / VC Jul 2022 $28M $344M Jiufite Management · FC Innovation Fund · Legend Capital · Tide Investment
SERIES CEquity / VC Dec 2021 $69M $275M Undisclosed
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Financials

Revenue, earnings and profit over time

Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.

YearRevenueGrowthEBITDAMarginProfitMarginR&D
2026 $79M 0% $8.2M 10.3% $491K 0.6% $15M
2025 $79M +8.7% $8.2M 10.3% $491K 0.6% $15M
2024 $73M +58.8% $7.6M 10.4% $1.2M 1.7% $12M
2023 $46M +146.5% −$1.1M -2.3% $13M
2022 $19M −$20M -109.8%
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Growth signals

TOPNC website traffic

Latest recorded traffic for TOPNC is 170 monthly website visits, down 96.5% over the last three months.

Latest monthly visits170 3-month web change-96.5%
Monthly website visits28 observations · Oct 2022–Jul 2026
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Comparisons

TOPNC compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

TOPNC's talent

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Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

15 investors on TOPNC's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Series B+ 4 investors entered at this stage
Legend Capital
Jiufite Management
FC Innovation Fund
Tide Investment
Other known 11 additional known investors
3W Fund Management
Boyu Capital
CDH Investments
China Asset Management
Fullgoal Fund
Goldman Sachs
Hillhouse Capital
Mirae Asset Venture Investment
Royal Bank of Canada
TT International
UBS

Global footprint

Where TOPNC has talent and traffic

Workforce by country
2 countries with
team presence
🇨🇳 China50%
🇩🇪 Germany50%
2 countries shown

In the news

Latest news about TOPNC

Recent press, funding announcements, and product moves mentioning TOPNC — open to read from the original sources.

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Market sentiment

What the market is saying about TOPNC

An AI-synthesized read of the highest-engagement posts about TOPNC on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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