Yuan Rong embarked on a capital increase to 2.5 billion yuan, an increase of approximately 1276061%.

Tianyancha's business information shows that on November 4th, Shenzhen Yuanrong Qixing Technology Co., Ltd. underwent a business change, with registered capital increasing from 195,000 RMB to 2.5 billion RMB, an increase of approximately 1276061%. The company was established in February 2019, with Zhou Guang as the legal representative. Its business scope includes the development of technology for autonomous driving, artificial intelligence, and computer application software. Shareholder information shows that the company is wholly owned by Yuanrong Physical Intelligence Technology (Shenzhen) Co., Ltd. Public information shows that Yuanrong Qixing is a developer of assisted driving systems.