Hongqing Technology completes Pre-B round financing of over 1.3 billion yuan.

Recently, Hongqing Technologies completed a Pre-B round financing of over 1.3 billion yuan, with a total financing amount exceeding 2.5 billion yuan. This round of financing was led by Jianxin Investment, ICBC Capital, and Jinpu Capital. Sichuan Development Science and Technology Innovation Fund, Guotai Haitong, Bank of China International, CITIC Securities, Industrial Securities, Yuanyu Capital, Bofu Fund, Jin Furong Aerospace and Ocean Fund, Zijin Guorui Industrial Finance Fund, Xiamen Jianyuan Golden Innovation Orbit Fund, Jianyuan Xiangneng Xingwang Fund, ICBC Investment, Chengdu Jiazi Capital, Agricultural Bank Investment and other investors also participated. Existing shareholders Beijing Advanced Manufacturing Fund and Yizhuang State Investment added investment in this round. This round of financing will mainly be used for the company's operation, research and development input, and team building, to further enhance Hongqing Technologies' core capability in serving satellite networking.