Weidu Technology received RMB 300 million in bank credit

Autonomous driving technology company Weidu Technology has obtained a total of US$40 million, or about RMB 300 million, in credit from HSBC and China Zheshang Bank. So far, Weidu Technology has completed five rounds of financing worth hundreds of millions of yuan. In addition, Weidu Technology's B2 round of financing will be announced soon.