Zhiji Auto announced the completion of the signing of the A round of equity financing agreement. After the successful completion of the first round of market-oriented financing, the post-investment valuation of Zhiji Auto will reach nearly 30 billion yuan. The investment was led by Bank of Communications Capital Management Co., Ltd., an equity investment platform under the Bank of Communications Group. SAIC Motor continued to make additional investments. At the same time, it also introduced a number of investment institutions such as ICBC Investment, National Green Development Fund, and Zhiyou Venture Capital.
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