Xingchen Wanyou Nabbed 15 Million Yuan in an Additional A Round Financing

According to PEdaily, Beijing Xingchen Wanyou Technology Co. Ltd (Xingchen Wanyou) got 15 million yuan in an additional A round financing, led by New World Development Company and Hua Rui Xin Asset (HRX). In June 2018, Xingchen Wanyou also got tens of millions of yuan in its first additional A round financing for its product, OO eye protector.

Xingchen Wanyou is an artificial intelligence company focusing on myopia prevention for youth. Under the guidance of its CEO Su Zhenyu, Xingchen Wanyou developed a proprietary system for myopia prevention and control. The system provides myopic screening, discovery, development, prevention, monitoring and other services with artificial intelligence. 

Through the management of the causes, development, prevention of myopia, the system can provide early screening and prevention, at the same time establish an intervention mechanism to fundamentally solve students’ vision problems. It connects parents, schools, hospitals to form a complete and effective loop for myopia prevention.

NWD, a premium brand infused with a unique personality defined by The Artisanal Movement, was founded in 1970 and was publicly listed in Hong Kong in 1972. Its core business areas include property development, infrastructure and services, retail, and hotels and serviced apartments, boasting operations in Hong Kong, Mainland China, Macau and numerous major cities.

HRX is a large technology venture capital company headquartered in Hong Kong, with subsidiaries in Shenzhen, Guangzhou, Jilin, and other places. It provides assets management, fund management, equity investment, venture capital, consulting services for companies. HRX manages nearly 100 funds and has accumulated more than 10 billion yuan of subscribed funds. The company focuses on emerging industries, including intelligent equipment manufacturing, modern service, tourism, new energy, environmental protection, etc.