Qianxun Location Completes New Round of Financing Led by Beijing State-owned Assets

Qianxun Location Network Co., Ltd. announced the completion of a new round of strategic financing, with the company's overall valuation exceeding RMB 16 billion. This round of financing was led by Beijing Information Industry Development Investment Fund, followed by Shanghai Shuyu Dingyuan Investment Fund, Beijing Dongcheng District Science and Technology Innovation Industry Investment Fund, and Qingdao Zhonghe Xingyao Venture Capital Fund.