For R&D and team building, Hongjing Zhijia announced the completion of over 100 million yuan in financing

Bitauto News? A few days ago, it was learned from relevant channels that Hongjing Zhijia announced the completion of over 100 million yuan in financing, exclusively invested by Prosperity7, a venture capital fund under Saudi Aramco. This is Hongjing Zhijia’s first investment within a year. Three rounds of financing, the funds are mainly used for product research and development, talent recruitment and expansion of production capacity.

It is reported that Hongjing Zhijia was established in May 2018 to provide a full-stack autonomous driving solution service provider. In May 2021 and September 2021, it completed nearly 100 million yuan in Series A financing and data. Ten million yuan in Series A+ financing. Hongjing Zhijia has recently made efforts in the fields of passenger cars and commercial vehicles, and has applied for more than 20 patents so far.

In the field of passenger cars, Hongjing Zhida mass-produced L2.5 ADAS solutions, and launched an integrated parking and intelligent navigation overall solution with JAC during the Guangzhou Auto Show last year. We continue to pay attention to this.