Qingyan Accurately Receives Tens of Millions of Yuan of Strategic Investment from Great Wall Capital to Promote the Development of Smart Electric Vehicles

Recently, Suzhou Qingyan Precision Automotive Technology Co., Ltd. ("Qingyan Precision") received a strategic investment of tens of millions of yuan from Great Wall Capital. The funds will be mainly used for product development and market expansion. Prior to this, Qingyan Precision had received investments from many institutions including Baidu Ventures, Shell Capital, Qiji Chuangtan and Xiaomiao Langcheng. Qingyan Precision was established in 2018 and incubated by Tsinghua University Suzhou Automotive Research Institute. It aims to become China's leading intelligent electric vehicle software and hardware testing and measurement platform.