Xingdong Jiyuan completed a new round of financing exceeding $200 million.

36Kr learned that recently, following a strategic round of financing of RMB 1 billion in March this year, Xingdong Jiyuan has completed a new round of financing of over $200 million. This round of financing was led by SF Group; well-known financial institutions such as HSG, IDG Capital, CICC Capital, Jingming Capital, Zhaoxi Capital, Luxin Venture Capital, Juhe Capital, and Longqi Investment jointly invested; leading industrial players including Kejie Intelligence, Dongfeng Industrial Investment, ICBC Capital, and funds under China Unicom also participated; existing shareholders Tsinghua Holdings Tiancheng and Hongruida also continued to increase their stakes.