36KR learned that the domestic industrial software enterprise “Huatian Software” recently completed a C+ round of financing of more than 100 million yuan, which was invested by China Internet Investment Fund (hereinafter referred to as “China Net Investment”).
This round of financing is mainly used to accelerate the research and development process of high-end 3D CAD products with international competitiveness, increase the global marketing layout, build a standard service platform for industrial software solution providers, and create a 3D ecological square for industrial software in China.
“Huatian Software” was founded in 1993, is a 3D as the core intelligent manufacturing overall solution service provider. According to reports, “Huatian Software” is also the only domestic with fully autonomous and controllable three-dimensional CAD core technology, three-dimensional lightweight technology, intelligent manufacturing management technology, is very few domestic industrial software R & D enterprises with a complete product line, with strong cutting-edge technology research capabilities, long-term commitment to solve the “neck” problem of high-end industrial software.
CAX (CAD/CAM/CAE) is a representative product of industrial software, due to high technical difficulty, wide range of applications and other pain points, the share of domestic software only accounts for about 7%.
In recent years, driven by the three major trends of “card neck” technology breakthrough demand, domestic substitution, and software legalization, the growth rate of the domestic industrial software market is accelerating – data show that the compound annual growth rate of domestic industrial software products in recent years is 20%, and it is expected that by 2027, China’s CAX domestic software revenue will reach 7.2 billion.
In the face of the three-dimensional CAD system of core industrial software has been subject to the situation of people, “Huatian Software” has developed a domestic independent and controllable three-dimensional CAD system, and successfully launched “Chinese people’s own three-dimensional CAD” – CrownCAD (CrownCAD). It has fully autonomous and controllable “3D geometric modeling engine DGM” and “geometric constraint solver DCS” core technology.
In 2023, “Huatian Software” recently launched CrownCAD 2023 R2 version. According to reports, this version focuses on the ten highlight features of “data conversion, sketch, sheet metal, weldparts, assembly, engineering drawings, puzzle printing, custom enterprise templates, thin clients, agile PLM”, comprehensively enhance the application depth of functions, and expand the existing functional scenarios.
Yang Chaoying, chairman of Huatian Software, said that in the wave of global manufacturing digital transformation, the competitiveness of Huatian Software lies not only in having a full line of software products independently researched and developed, but more importantly, the overall solution capability accompanied by thousands of Chinese manufacturing enterprises can solve the pain points and troubles in the process of digital transformation of many enterprises. Support China’s manufacturing industry in embracing digital transformation.
According to reports, with many years of rich experience and technical accumulation, “Huatian Software” takes the lead in the development and release of CAD, CAE, CAM, CAPP, DMU, PLM, MES, MOM and other fully digital continuous series of APPs on the industrial software platform (PaaS), providing full 3D digital solutions for manufacturing enterprises.
For enterprises, starting from the demand, step by step to concept design, detailed design, CAE simulation, 3D process and simulation, digital prototype, product release, production/manufacturing, delivery to maintenance and other business chain can be supported by localized software.
In addition, “Huatian Software” is also promoting ecological construction, and will release the platform’s low-code development environment and open apis to industry developers. Yang Chaoying said that in the future, it is also hoped that all developers of various manufacturing application scenarios based on the needs of “accurate 3D model/content generation” in the industry can contribute content and write professional APPs on the 3DPlaza platform of Huatian Software to form a real “3D ecological square”.
Management view
As a state-level industrial investment fund, China Network Investment adheres to the national strategic orientation, follows the investment strategy of “strengthening the weak board, forging the long board, and deploying the frontier”, focuses on the key Internet basic technologies and facilities, artificial intelligence, big data, cloud computing, network security, network information services, Internet + and other fields, and jointly serves the strategy of strengthening the country with the invested enterprises.
China Network Investment said that as a domestic R & D and design industrial software leader, Huatian Software has built a complete layout from the underlying 3D geometric modeling engine and geometric constraint solver, to 3D CAD R & D tools, and then to the R & D and process management platform PLM and CAPP, which is expected to benefit from the industrial opportunities of manufacturing upgrading and autonomous control, ushering in greater development space. Through this investment, China Net Investment hopes to help Huatian Software accelerate technological innovation and product improvement, help enterprise customers reduce costs and increase efficiency, strengthen supply chain security, and promote the digital transformation and upgrading of manufacturing.