Guangzhou Chengxing Zhidong Automobile Technology Co., Ltd. announced that it has received CNY 2,200,000,000 in its series B round of equity funding co-led by existing investors Alibaba Capital Partners, Hon Hai Precision Industry Co., Ltd. (TSEC:2317), and IDG Capital Partners on January 28, 2018. The transaction included participation from new investors Yunfeng Capital, CICC Jia Cheng Investment Management Company Limited, individual investor Yuri Miller, existing investors GGV Capital, Morningside Venture Capital, and Matrix Partners China. The company has raised over CNY 5,000,000,000 in funding till date.