On September 6th, according to Xingfu Capital, Ningbo Ellipsiz Electromagnetic Technology Co., Ltd. recently completed a multi-million yuan Series A financing, with exclusive investment from Xingfu Phase V Fund Anhui Xingfu Sail Equity Investment Fund Partnership (Limited Partnership). The report mentions that Ellipsiz Electromagnetic has completed the layout of a fully automated production line for car suspension distribution valves, and semi-automated production lines for pressure valves, stiffness valves, and CDC electromagnetic valves have already been established. It is expected that by the end of 2024, the company's stiffness valves and CDC electromagnetic valves will also achieve SOP mass production.