Qianxun Location received hundreds of millions of yuan in financing and established subsidiaries in Zhuzhou and Wuxi

Qianxun Location Network Co., Ltd. recently completed a new round of financing with an investment of several hundred million yuan. This round of financing was completed by Beidou Space-Time Fund under Zhuzhou Beidou Industry Development Investment Holding Group. It is reported that Qianxun Location has launched all-round strategic cooperation with Zhuzhou City, including jointly building the Beidou City and creating a demonstration benchmark for Beidou applications in all regions and scenarios. In addition, Qianxun Location has also established wholly-owned subsidiaries in Zhuzhou, Hunan and Wuxi, named Qianxun Space-Time Network (Hunan) Co., Ltd. and Qianxun Space-Time Network (Wuxi) Co., Ltd. respectively.