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Sep 07, 2021 06:25 PM (GMT+8) · EqualOcean
On September 7, yiou Automobile News, Geely Automobile Holdings Co., Ltd. announced today that it had officially signed a strategic investment agreement with yiketong technology, leading the investment in 4321521 shares of yiketong technology B, with an investment amount of about US $50 million, equivalent to about 1.51% of the total shares of yiketong technology. After completing the round B financing, the investment will become the latest measure for Geely Automobile to further improve its layout in the fields of Internet of vehicles, intelligent interconnection, on-board systems and chips. Yikatong technology and Geely Automobile will work closely together to create an industry-leading intelligent Internet ecological open platform to provide users with a more intelligent and safe travel experience. At present, ecotone technology has set up branches and R & D centers in Hangzhou, Beijing, Shanghai, Wuhan, Dalian and Gothenburg, Sweden. In 2020 and 2021, yiketong technology obtained strategic investments from Baidu, Haina Asia venture capital fund, China's state-owned capital venture capital fund and Changjiang Economic and driving networking industry fund respectively.

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