Yuansuan

Yuansuan (远算科技) is an industrial digital technology company focused on China's industrial digital transformation, built around CAE industrial simulation software combined with cloud computing and AI . Linear Capital led its angel round, and by March 2024 the company had closed a Series C1 round of hundreds of millions of yuan co-led by CITIC Securities and Zhejiang Financial Holdings, with existing shareholders like DHVC continuing to add to their stakes . The company holds national designations as both a "key encouraged software enterprise" under NDRC and MIIT, and a national-level "little giant" specialized and innovative enterprise . Its strategy centers on "localization, scenario-based deployment, and cloud-native delivery" to replace dominant foreign simulation software—European and American products currently hold roughly 95% of China's market—and its CAE software has been ranked first in Zhejiang province, with adoption at major state-owned enterprises including CNNC, State Grid, CGN, and China Three Gorges Corporation .