China's Huade Haitai raises ~$4.5M for power transmission gear

What's the deal? Shenyang Huade Haitai Electric ApplianceDealroom has a profile for this one. Try Dealroom → has raised US$4.13M (roughly $4.5 million) in a private placement, backed by Wutongshu CapitalDealroom has a profile for this one. Try Dealroom →. The deal was announced in September 2026.

What does the company do? Huade Haitai manufactures power transmission, distribution, and control equipment. Its lineup spans GIS, H-GIS, and C-GIS gas-insulated switchgear, AIS air-insulated substation gear, low-voltage assemblies, and wind power components, along with sales and after-sales service.

The signal: The investment lands in a segment tied to grid buildout and renewable energy, where transmission and switchgear makers supply the hardware behind expanding power networks. With Wutongshu Capital as the sole named backer, the round points to continued investor interest in China's electrical infrastructure supply chain.

Read more: itjuzi.com

Image credit: EU-Ukraine cooperation