- CEO
- Chao Gao
- Full Time Employees
- 2
- Sector
- Industrials
- Industry
- Manufacturing - Tools & Accessories
- Address
- 2F, Building 6 Nanjing United States of America 210012
- IPO Date
- Jun 30, 2025
- Business
- Scage Future American Depositary Shares (SCAG) operates as a holding company that, through its subsidiaries, develops and commercializes heavy-duty new energy vehicle (NEV) trucks and e-fuel solutions for heavy commercial vehicles; its core products include the Dragon King 95T PHEV wide-body mixed mining truck with 900 HP super power, automatic catch and auxiliary braking features, descent mode, and full braking energy recovery, the Galaxy II series, the Q-truck pure electric models offering 408 HP power with 80T total mass and charge change compatibility, as well as related vehicle components, modification services, and leasing options targeting logistics, mining, port operations, and off-road applications primarily in China. Founded in 2019 and headquartered at 2F, Building 6, No. 6 Fengxin Road, Nanjing, Jiangsu Province, China, the company serves customers in the new energy smart solutions segment of the capital goods industry, with a focus on zero-emission technologies such as battery-electric, hybrid, and hydrogen-fuel-cell trucks equipped with symmetrical parallel axis electric drive axles, front collision warnings, fatigue monitoring, and multiple driving modes including pure electric, hybrid, and power generation capabilities. In June 2025, Scage Future completed a business combination with Finnovate Acquisition Corp through a multi-step merger process, forming Scage Future as the new parent entity with Scage International Limited and Finnovate as wholly owned subsidiaries, enabling its Nasdaq listing under the SCAG ticker starting June 30, 2025 to accelerate production capacity expansion, hydrogen infrastructure investments, and market growth into Southeast Asia, the Middle East, and potentially North America.