Meituan invests in intelligent car chassis developer Coordinate Intelligent.

According to the Enterprise Check APP, recently, Suzhou-based XYS Intelligence Technology Co., Ltd. has undergone a business change, with the addition of Meituan-affiliated company Hanhai Information Technology Co., Ltd. as a shareholder, and the registered capital has increased to 54,001,650 RMB. Enterprise Check information shows that the company was established in 2023, with Yan Shifu as the legal representative, and its business scope includes: artificial intelligence application software development; artificial intelligence hardware sales; and automotive parts research and development, among others. According to its official website, the company is dedicated to the development of core technologies for intelligent automotive chassis control.