[Summary] A private high-tech enterprise with virtual reality and 3D printing as
Shanghai Mandheng Digital Technology Joint-stock Co., Ltd. was established in 2007 with total assets of RMB 578 million (as of 2021). It is a high-tech enterprise dedicated to XR industry technology for sixteen years, focusing on four major industries: vocational and higher education, emergency safety, high-end industrial, and cultural tourism and entertainment. It has served over 3,000 well-known enterprises and research institutions, such as COMAC, China Aerospace Science and Technology Corporation, CGN, State Grid, PetroChina, Emerson Electric (US), Shanghai Airport, Huainan Mining, Peking University, Tsinghua University, Zhejiang University, and the National Vocational Education Virtual Simulation Public Training Center, etc. The company insists on forming core technology groups with independent intellectual property rights in key areas such as XR software engines, interaction tracking, motion capture, content, and platforms. It has participated in three national major special projects, was listed as one of the third batch of national "specialized, refined, distinctive, and innovative" 'little giant' enterprises, ranked among Shanghai's TOP 100 hard-core technology enterprises in 2022, has undertaken dozens of municipal-level scientific research projects, and houses the Shanghai Enterprise Technology Center and the Shanghai Virtual Simulation Engineering Technology Research Center. The company's unique value has attracted attention from the capital market, receiving investment from more than 20 institutional investors, including SAIF Asia, Haitong Securities, Bank of Nanjing, Oude Capital, CICC, and ASD. The company has established four headquarters in Shanghai, Beijing, Guangzhou, and Chengdu, with a marketing network covering 22 cities nationwide.
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