Man Heng Digital Technology

ServiceShanghai, ChinaFounded 2007· One of 2190 Service companies tracked by AMPulse

XR/VR company providing virtual reality equipment, engine software, content and integrated solutions for education, emergency safety, defense and cultural tourism, with residual 3D printing services.

CEO / Founder: Qinghui Zhou (周清会)
Team Size: 51-200
Stage: Public
Total Funding: $21.4M
Latest Round: Strategic Investment
Key Investors: SAIF Partners; Jushen Capital; Orient Securities; Xingye Securities; CICC; Gangtai Holdings; Huarong Securities; Haitong Kaiyuan; Hushi Capital; Ode Capital; Xiangwei Group; Liuhe Chuangtou; Aishida Electric; Xinghui Interactive Entertainment

Technology & Products

Key Products

IdeaXR VR creation engine; G-Motion interaction tracking; xrBee large-space XR system; XRBOX content platform; 传送计划 full-sense large-space solutions; XR+AI education/emergency training systems; residual 3D printing services

Technological Advantage

Eighteen years of self-developed XR tech (engines, tracking, mocap, streaming/rendering) plus XR+AI upgrade path and nationwide channel network for B2B industry applications.

Differentiation

Value Proposition

Delivers XR+AI immersive training and simulation solutions (engines, tracking, content, large-space systems) for education, emergency safety and defense '三高三难' scenarios.

How They Differentiate

Full-stack domestic XR stack (engine + tracking + content + large-space hardware) with deep vertical solutions for education, emergency safety and defense, vs pure headset or content-only XR vendors.

Market & Competition

Target Customers

Higher/vocational education institutions, emergency-safety and energy enterprises, defense/military training users, and cultural tourism operators needing immersive XR solutions

Industry Verticals

Industrial; Education; Entertainment

Competitors

Shanghai Fuzhi Information Technology Co., Ltd.; Shanghai Yingpu 3D Printing Technology Co., Ltd.; Digital Manufacturing Technology

Growth & Milestones

Growth Metrics

Founded in 2007, headquartered in Shanghai, with subsidiaries in Beijing, Chengdu, Guangzhou, and offices in Wuhan, Jinan, Xi'an, Changsha, Shenyang, Nanjing, Chongqing — indicates geographic expansion as a growth signal

Major Milestones

Listed on national SME share transfer system (stock code: 834534) on December 23, 2015

Notable Customers

State Grid; COMAC; Disney; CGN; Sinopec; PetroChina; Zoomlion; Jiahua Shipbuilding

https://www.gdi.com.cn

Funding rounds

Strategic Investment$7.8M2016-12Source: Qixinbao - December 2016
Strategic Investment$23.2M2016-05Source: Ctoutiao - May 2016
IPOUndisclosed2015-12Source: VoxelMatters - December 2015
Strategic Investment$3M2015-11Source: PitchHub - November 2015
Series B$15.3M2015-06Source: PitchHub - June 2015

Why this company matters

AMPulse analysis, not a company disclosure

Shanghai Man Heng Digital Technology positions itself as an integrated provider of polymer additive manufacturing services and virtual reality solutions, a combination that distinguishes it from pure-play 3D printing service bureaus. Founded in 2007 and headquartered in Shanghai, the company has expanded geographically with subsidiaries in Beijing, Chengdu, and Guangzhou, and offices in several other Chinese cities.

The company's core offering includes 3D printing services for polymer parts, alongside VR/AR development and virtual reality solutions. By linking physical prototyping with immersive design visualization, Man Heng aims to shorten iteration cycles for industrial customers. Its technology portfolio includes patents related to rigid body generation methods and multi-user collaborative VR data transmission.

Man Heng serves enterprise clients across industrial, education, and entertainment verticals. Named customers include State Grid, COMAC, Disney, CGN, Sinopec, PetroChina, Zoomlion, and Jaihao Shipbuilding. The company also established an exclusive partnership with EnvisionTEC in July 2017, which likely supports its polymer AM service capabilities.

The company raised ¥154 million in total funding from investors including SAIF Partners, Jushen Capital, and Orient Securities, and was listed on the national SME share transfer system in December 2015. Its dual focus on 3D printing and VR creates cross-selling opportunities but also exposes it to competition from specialized service bureaus and VR development firms. The open question is whether the integrated model delivers sufficient technical depth in each domain to retain demanding aerospace and energy clients.