.
MergerLinks Header Logo

New Deal


Announced

Completed

Xiaomi and Dongfeng led a $30m round in Tongyu Automotive.

Synopsis

Dongfeng, an automobile company, led a $30m round in Tongyu Automotive, an intelligent driving system development company. "Tongyu team has devoted itself to research and development, with innovation as the core driving force, and has always insisted on independent and controllable key technologies. It has successfully broken the monopoly of foreign manufacturers in this segment and achieved world-class product performance. level. We are particularly optimistic about the management team and hope to help Tongyu continue to make more outstanding contributions to the development of China's automotive chassis core technology," Xiong Jiahong, Dongfeng General Manager.

Show Details & Financials

Market Context

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US