Kunwei Technology has completed a new round of financing of 400 million yuan.

36Kr reveals that Kunwei Technology has recently secured a new round of financing worth 400 million yuan, with multiple new institutional investors onboarding and existing shareholders making oversubscribed follow-on investments. This is the first time Kunwei has publicly disclosed its financing information since its founding seven years ago. Gaohu Capital acted as the exclusive financial advisor for this round.