Hongjing Intelligent Driving Receives Additional Investment of Tens of Millions from Saudi Aramco's Prosperity7

Hongjing Intelligent Driving has once again received additional investment from Prosperity7, a subsidiary of Saudi Aramco. This round of financing is nearly 500 million yuan, which will be mainly used to develop the next generation of ADAS advanced driver assistance systems and high-level autonomous driving solutions, and expand the company's production capacity. Hongjing Intelligent Driving's products have been mass-produced and fixed-pointed on 30 models of brands such as SAIC, Great Wall, Chery, JAC, BYD, and Hozon.