Jiuyao Intelligent mainly develops and manufactures unmanned driving products for industrial inter-site logistics and unmanned solutions for L4 engineering vehicles, such as unmanned tractors, unmanned counterbalanced forklifts, unmanned trucks and control unit products, etc. The products have been widely used Dozens of customers in automobile OEMs and upstream and downstream suppliers, FMCG, airports, electric power, petrochemical industries, etc. Jiuyao Intelligent officially disclosed the A-round financing of nearly 100 million yuan. This round of financing was led by Ascendas Capital, and Titanium Capital acted as the financial advisor. This round of financing will be used for sales team and channel expansion, customer order delivery and production R&D base expansion, etc., to accelerate the large-scale implementation of industrial unmanned driving products.
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