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It is reported that Xinji Meizu has received a total of 2 billion yuan in financing and will make an "official attack" in the automotive field.

Shulou Source: shulou.com Published: 2023-11-24 22:04:31 10月04日 Update

Thank you, Mr. Air, a netizen of CTOnews.com, for your clue delivery! CTOnews.com November 16 news, according to 36 krypton's "start PowerOn" reported today, Geely company Star Meizu has completed a round of financing, which is another financing completed in a short time.

Coupled with the angel plus round of investment completed in the first half of this year, this means that this year, Star Meizu has raised a total of 2 billion yuan, with a post-investment valuation of more than 10 billion yuan.

According to the report, in the first half of the year, the angel + round investors of Xingji Meizu are Rongyi Investment, Xingyuan Fund, Wuhan Economic Development, and so on, while the recent A round investors are AIIF and Castrol International, QC Capital, Wuhan Economic Development and industrial chain partners. After receiving billions of dollars, Starry Meizu is expected to make a formal attack in the automotive industry.

At the same time, the report also said that Xinji Meizu has ushered in a series of organizational and personnel adjustments:

Su Jing, co-founder and former CFO, will be promoted to president, responsible for daily operations

Qi Weimin, executive vice president and head of operating system of the former company, will serve as CFO to take over the work related to finance, investment and financing.

Shen Ziyu will continue to serve as chairman and CEO, in charge of the overall work of the company

According to sources, executives from auto companies such as the Great Wall and Xiaopeng have joined.

Star Meizu will build an intelligent operating system for the Chinese market for Star Motors, and will be responsible for its sales and service in China, which is similar to Huawei's smart car selection model.

CTOnews.com previously reported that the official production version of Ji Xing 4, its new car, was officially released yesterday, and the first delivery is expected to begin by the end of 2023, the first vehicle produced by the Ji Xing brand at Geely holding Group's Hangzhou Bay plant. At the same time, the car is also the first product of the cooperation between Star Meizu and Polar. It is based on the vast architecture of Geely SEA and is equipped with Star OS for the Chinese market.

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