"Handing Intelligence" has completed a strategic financing round of tens of millions of RMB.

36Kr learned that Handing Intelligent has recently completed a strategic financing of tens of millions of RMB, which is led by Hongrong Capital, with follow-up investments from listed enterprises including Desay SV, Wuchan Zhongda, Changjiang Industrial Investment, Haichuan Capital, Tianhong Investment and Jiangyuan Investment. The raised funds will be mainly used for the mass production and implementation of Steer-by-Wire (SBW) technology as well as the capacity upgrading of high-end EPS.