Xinxin Navigation has completed a new round of capital increase, attracting multiple vehicle manufacturers and leading auto parts companies.

Recently, Xinxin Hangtu (Suzhou) Technology Co., Ltd. completed a new round of capital increase, with shareholders including SAIC Motor, Joyson Electronics, and Chery Automobile. Following the capital increase, Xinxin Hangtu's registered capital has risen to 18.7169 million yuan. Xinxin Hangtu is a company specializing in the research and development of autonomous driving chips and has a close relationship with Momenta.