Mushroom Car Union Company Introduction

Founded in 2017, Mushroom Autolink Information Technology Co., Ltd. (hereinafter referred to as the "Company") is a leading full-stack technology and operation service provider for autonomous driving in China. The Company has independently developed the industry's first "vehicle-road-cloud integrated" autonomous driving system, mastered the full-stack technology of L4 autonomous driving, and independently developed core software and hardware to form a complete standardized product package for autonomous driving, including AI digital road base stations, autonomous driving vehicles, and smart transportation AI cloud platforms, which can be quickly and massively deployed in urban open roads, highways and other scenarios, providing services for L0-L4 intelligent networked vehicles. The Company's shareholders include Tencent, SF Express, JD.com, Yixin, CITIC, local state-owned assets, etc. It has reached strategic cooperation with China Construction, China Telecom, China Mobile, Tencent, SF Express, Beijing Enterprises, etc., and jointly developed in the fields of smart cities, digital transportation, and intelligent networking; and cooperated with more than 10 vehicle companies such as Dongfeng, BYD, and Golden Travel in autonomous driving vehicles and data operations. The Company's autonomous driving commercialization process is in a leading position in the world, and commercial application scenarios cover urban open roads, highways, parks, scenic spots, ports, airports, etc., and have been implemented in Beijing, Hunan, Yunnan, Shandong, Hubei, Jiangsu, Sichuan, Guizhou, etc.