Huali Zhixing Completes Pre-A Round of Financing

Huali Intelligent Driving has successfully completed its Pre-A round of financing at the end of 2019. This round of financing amounted to tens of millions of yuan, jointly invested by Xinzhongli and old shareholder SAIC Capital, and this round of funds has been quickly in place. Previously, Huali Intelligent Driving had received millions of dollars in early-stage investments from TusStar, Jingxin Supply and Marketing Fund and SAIC Capital. The first phase 2008-2017   Using innovative enterprise-level products to take the lead in opening up the North American market. Since 2008, Huali Intelligent Driving has been conducting technical research and development and market development in the field of vehicle-road collaboration in North America, becoming one of the earliest technology-based companies to provide C-V2X technology and products for the North American market.   The second phase, 2018-2019 In-depth development and market layout, creating multiple V2X application demonstration projects The company has completed the in-depth layout of products and markets in North America, Wuhan, Suzhou and other cities, and has also created multiple V2X landing applications in Hubei, Jiangsu, Hunan, Shandong, Zhejiang and other places to fully empower the development of intelligent driving and smart transportation.