Financing History of Yingchi Technology

In April 2020, Yingchi Technology received an angel round of financing of tens of millions of RMB, jointly invested by BAIC Capital and Lenovo Star. In June 2021, Yingchi Technology announced the completion of a nearly 100 million RMB Series A financing, led by Sequoia China and SAIC Hengxu, followed by Horizon, and Lenovo Star increased its holdings. In July 2022, Yingchi Technology received nearly 100 million RMB Series B1 financing, jointly led by Continental and SenseTime Guoxiang Capital, and Horizon increased its holdings. In July 2023, it announced the completion of a nearly 100 million RMB Series B2 financing. This round of financing was led by Yunhui Capital, followed by Zifeng Capital and Zhifengzhi Fund. In July 2024, Changjiang Automotive Electronics made a strategic investment in Yingchi Technology, and the company's valuation exceeded 1 billion RMB.