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Feb 21, 2022 10:15 PM (GMT+8) · EqualOcean
Yiou automobile on February 21, Hongjing Zhijia has recently completed more than 100 million yuan of financing. It is reported that this round of financing is exclusively invested by prosperity7, a venture capital fund of Saudi Aramco. This round of financing will be mainly used for product R & D, talent recruitment and capacity expansion. In less than a year, hongjingzhijia has successively completed three rounds of financing of hundreds of millions of yuan. Aysar Tayeb, managing director and general manager of prosperity7, said that as the exclusive investor of this round of financing, it will make use of the global automotive resources of Aramco and promote Hongjing Zhijia to enter the next stage of development through continuously strengthening the partner ecosystem and continuous mass production delivery projects. Liu Feilong, founder and CEO of Hongjing Zhijia, said that Hongjing Zhijia has signed contracts with several domestic head engine factory customers with millions of production and sales, and developed L2 with higher computing power and representing the industry's leading technical level Level 5 high-order intelligent navigation ADAS system. In 2022, Hongjing Zhijia will successively mass produce and go offline from the second half of the year, and the sales volume is expected to reach hundreds of thousands. At the same time, Hong Jing Chi will continue to move towards the higher order autopilot system.

This text is a result of machine translation.