（Cover image source: FutureBridge）
On February 21st, according to the exclusive report by “LatePost”, Haozhimou, an autonomous driving company under Great Wall Holdings, has recently completed a Pre-A round financing of 300 million yuan. Investors include Shougang, Meituan, and Hillhouse Capital. Haozhimou plans to achieve profitability in 2022 and go public on the Science and Technology Innovation Board in 2023.
Haozhimou was formerly the Intelligent Driving Prospective Division of China’s Great Wall Motors Technology Center. In November 2019, it was officially established as an independent company and also the core supplier of automatic driving for Great Wall Motors. Public information shows that the current size of Haozhimou’s team is nearly 300 people, with research and development centers located in Beijing, Shanghai, and Baoding.
🔗Source: LatePost
This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.