Konghui Technology Completes Over RMB 300 Million in Series C Financing

Zhejiang Konghui Automotive Technology Co., Ltd. (hereinafter referred to as "Konghui Technology") has completed a C round of equity financing of over 300 million yuan. This round of financing was jointly led by CMB International and SDIC, and followed by well-known institutions such as CGN Capital and Harvest International's LuNeng Harvest, Suikai Investment, and Morningside Fund. Previously, Konghui Technology completed a B round of financing jointly led by Source Code, China Venture Capital, and CRRC in November 2022. Including this C round, Konghui Technology has completed a total of 4 rounds of financing, raising a total of nearly 1 billion yuan.