Gelubo completes RMB 200 million B++ round of financing

GLUB announced the completion of a B++ round of financing of RMB 200 million, which was jointly invested by Baidu Ventures, Xinding Capital, Huichuan Wanniu, Hubei High-tech Investment, Zifeng Capital, Haidao Capital, and Hejia Fund, and Dachen Venture continued to make additional investments. GLUB's EPB, ESC, GIBS and other products have been used in well-known domestic car companies and new car-making forces such as Great Wall, Chery, Geely, BYD, Isuzu, Wuling, and Nezha.