SDIC Capital and Merchants Capital Lead Investment in Leog Technology, Accelerating Global Expansion for New-Energy Drive Motor Leader

Recently, Suzhou Leog Motors Technology Co., Ltd. (hereinafter "Leog Technology") completed a new round of strategic financing. This funding was led by SDIC Capital and Merchants Capital, with participation from prominent investment institutions including Oriental Harvest Heavycycle, Tiankai Huilang Capital, Zhidao Capital, Chuangyuan Venture Capital, and Suzhou Orientsoft Venture Capital. The proceeds will primarily support the company in deepening technological innovation, accelerating production capacity expansion, and advancing global market deployment, further reinforcing its leadership position in drive motor systems for new-energy commercial vehicles and construction machinery.

As a National-Level Specialized, Refined, Distinctive, and Innovative "Little Giant" Enterprise and home to a National Postdoctoral Research Station, Leog Technology has remained dedicated to the R&D and industrialization of permanent magnet synchronous motors and control technologies since its founding in 2006. The company has established a diversified product portfolio spanning new-energy commercial vehicles, construction machinery, wind power generation, industrial energy efficiency, and modern agricultural machinery. Holding 200+ core technology patents, it has earned multiple accreditations including National High-Tech Enterprise and Jiangsu Provincial Enterprise Technology Center, demonstrating industry-leading technological prowess.

Leveraging exceptional product performance and an advanced quality management system, Leog Technology has become a core motor supplier for new-energy heavy trucks, buses, construction machinery, and mining trucks. The company maintains strategic partnerships with industry leaders including XCMG, SANY Heavy Industry, Sinotruk, Yutong Bus, Tongli Shares, and Lingong Group, with products exported to over 10 countries across Europe and America. This global footprint has established a significant first-mover advantage in the electric transformation of high-end equipment.

The investment team at SDIC Capital and Merchants Capital analyzed: "Driven by the dual carbon goals, the electrification of commercial vehicles and construction machinery has accelerated significantly. This sector demands stringent requirements for drive motors—high reliability, customization capabilities, and rapid iteration. Through sustained technological innovation and precise market positioning, Leog Technology has built differentiated technical barriers and supply chain advantages, positioning itself to become a key enabler of industrial transformation and upgrading."

This funding round will prioritize three strategic directions:

1.R&D Innovation: Accelerate breakthroughs in electric drive systems for new-energy vehicles and intelligent construction machinery.

2.Capacity Expansion: Establish smart manufacturing bases to enhance industrial capabilities for core motor and controller components.

3.Global Deployment: Build an international R&D and sales network to create a globally competitive technology platform.

With continuously declining battery costs and strengthened policy support, commercial vehicle electrification is experiencing exponential growth. Industry forecasts indicate new-energy commercial vehicle penetration rates will exceed 20% by 2025, driving a core components market exceeding ¥100 billion. This strategic investment will empower Leog Technology to seize this historic development opportunity and propel China’s high-end equipment manufacturing onto the global stage.