Aug. 13, 2026
HSG Backs Zhang Xue Motorcycle in Exclusive New Round
TMTPOST — Zhang Xue Motorcycle has secured an exclusive new investment from HSG, according to reports on Wednesday. Specific deal terms remain undisclosed, though an early investor indicated the round totals RMB 150 million at a post-money valuation of RMB 6 billion. The company recorded RMB 670 million in revenue last year and targets RMB 2 billion to RMB 2.5 billion in 2026, more than doubling output, with monthly deliveries already surpassing 10,000 units. Following the investment, HSG and Zhang Xue Motorcycle plan deeper collaboration on corporate governance, talent development, industrial resources and global expansion. Founded in 2024 by industry veteran Zhang Xue in Chongqing, the firm specializes in mid-to-large displacement performance motorcycles with self-developed engines and has expanded production capacity to support rapid volume growth.
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