Guoqi Intelligent Control announced the completion of nearly 100 million yuan in angel round financing

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Guoqi Intelligent Control (Beijing) Technology Co., Ltd. (hereinafter referred to as "Guoqi Intelligent Control") announced the completion of nearly 100 million yuan in angel round financing. This round of financing was led by Zhongjun Financial Investment, followed by Zhongguancun Frontier Fund, Yiqi Lihe and other institutions. Guoqi Intelligent Control was established in July 2020. It is a scientific and technological innovation enterprise jointly invested by shareholders such as Guoqi (Beijing) Intelligent Connected Vehicle Research Institute Co., Ltd. and Beijing Yizhuang International Investment Development Co., Ltd. So far, Guoqi Intelligent Control has signed joint development contracts for mass production with Yutong and other OEMs, and has entered the commercial contract negotiation stage with Great Wall, Weichai, GAC, Changan, and Zhiji Automobile. Dongfeng, BAIC, Geely, and FAW Hongqi are in the substantive communication stage.