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Vaqoung

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Air conditioning systems for new energy vehicles

ChinaFounded 2000
Revenue $10–50M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Vaqoung

Hunan Huaqiang Electrical Co., Ltd., which operates under the domain vaqoung.com, is a manufacturer specializing in air conditioning systems for the transportation sector. The company was founded in 2006 and is based in Changsha, Hunan province. It is led by Chairman and General Manager Luo Yuehua.

The firm's primary business involves the research, development, production, and sale of air conditioning units for new energy buses, subway trains, and magnetic levitation trains. Its product portfolio includes air conditioners for new energy large, medium, and small passenger cars, conventional vehicles, and special-purpose vehicles, as well as train air conditioners. Additionally, the company produces key components such as fully enclosed and semi-enclosed horizontal electric scroll compressors. It established a subsidiary, Hunan Tangpuyuesi Compressor Technology Co., Ltd., in 2016 to focus on the development and production of these compressors for new-energy automotive and rail transit applications.

The business model is centered on manufacturing and supplying these systems and components to vehicle manufacturers. The company has participated in national science and technology projects and holds numerous patents. It has a research and development center with a team of over 40 technical personnel. The company completed a shareholding reform as a step towards a public listing.

Source: Dealroom company data

At a glance

Founded
2000
Headquarters
China

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

  • Hunan High-tech Venture Capital
  • Hunan Xiangtou Holdings Group

Series A1 investor entered at this stage

  • CDIB Capital Group
Employees 3 total headcount
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
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.

Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇳 China HQ
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Market sentiment

Posts on X, past 7 days

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