On December 8 of 2022, Beijing Jingpin Tezhuang Technology Co., LTD (“Jingping Tezhuang”), co-invested by Xingchang High-tech and Zhongguancun Capital, which are two members of ZGC Development Group, successfully went public on the Science and Technology Innovation Board, becoming the first listed company focusing on unmanned equipment in China.  

Jingping Tezhuang, founded in 2009, has been supplying complete systems and core components of photoelectric reconnaissance equipment and military robots and other similar products. It has constructed seven core technique clusters related to photoelectric reconnaissance equipment and military robots, and formed two business sectors, i.e. intelligent perception and robots.

In 2021, Xingchang High-tech and Zhongguancun Capital developed a new mode of collaborative investment to help start-ups and innovation-based firms develop and go public through a combination of tools, such as services, revitalization of existing land assets, funds, investment in hidden champion enterprises.