BiRen Technology completes Series B financing, with a valuation of 15.5 billion yuan

BiRen Technology has completed its B round of financing, with a total financing amount of more than 5 billion yuan. Investors include Zhuhai Da Hengqin Group, Gree Ventures, Ping An of China, New World Group, Country Garden Ventures, Qiming Venture Partners, IDG Capital, Walden International China Fund, Hillhouse Capital, Source Code Capital, China Merchants Capital, CITIC Securities, etc. According to the data of Hurun Research Institute, BiRen Technology's valuation has reached 15.5 billion yuan.