X
Automotive Feb 21, 2022 05:57 PM (GMT+8) · EqualOcean
Yiou automobile on February 21, according to late post, the company affiliated to Nezha automobile brand Hezhong new energy has recently completed a new round of financing of more than 2 billion yuan. The main investment institutions include CRRC fund under CRRC group and Shenzhen Venture Capital with state-owned background in Shenzhen. This round of financing is the third round of Nezha Series D financing. Last October, Nezha announced that it had completed the D1 round of financing of 4 billion yuan, of which 360 group led the investment of 2 billion yuan; In December, Nezha also disclosed the D + + round of financing participated by Ningde times, 360 and BAIC industrial investment. It is reported that the amount of this round of financing is about 2 billion yuan. After the completion of Series D financing, Nezha automobile was valued at more than 25 billion yuan. Nezha has opened a round of pre IPO Financing with a target valuation of about US $7 billion, and plans to start IPO in Hong Kong this year.

This text is a result of machine translation.