XHEART New Core Aero announced the completion of a strategic funding round, with cumulative financing approaching 5 billion yuan.

Recently, XHEART announced the completion of a strategic funding round, bringing its cumulative financing to nearly RMB 5 billion. Investors participating in the company's financing include SAIC, Chery, ChangXin Technology, CICC Renault, Joyson and other automakers and industrial strategic investors; investment institutions such as CDH Investments, IDG Capital, GGV Capital, NIO Capital, Shunwei Capital, Blue Lake Capital, Cathay Capital, ZhenFund, Joy Capital, Gaocheng Capital, Chentao Capital, Dingpei Group, Zhongwei China, Shuimu Alumni Fund, Zhongqing Capital, and Runzhang Venture Capital; as well as state-owned background investors including the National Artificial Intelligence Industry Investment Fund, China Development Bank Financial Leasing, Suzhou State-owned Investment Group, Suzhou Venture Capital, Shenzhen Capital Group, Suzhou High-speed Railway Xincheng Capital, and Shanghai Semiconductor Industry Investment. The joint participation of industrial capital, capital related to global automakers, and investment institutions reflects recognition of XHEART's technological strength and commercialization prospects.