Yijing Technology Announces Completion of Series C Financing

Yijing Technology recently completed a C round of financing of tens of millions of dollars, led by Yuansheng Capital, followed by CITIC Securities Investment, Zhuoyuan Capital, and Yizhuang Capital. Combined with the previous round of Pre C rounds jointly invested by Baidu and Xiaopeng Motors' strategic investment, Shangqi Capital under SAIC, Dongfeng Communications Industrial Fund under Dongfeng Motor, Guoqi Investment, and old shareholders Intel Capital and Sinovation Ventures, Yijing Technology has recently raised nearly 100 million US dollars in funds, with a valuation of about 3 billion yuan.