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Avita Technology completes round B financing of 3 billion yuan: post-investment valuation of nearly 20 billion yuan

2025-04-10 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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Thanks to CTOnews.com netizen grass Luo Yuzi for the clue delivery! CTOnews.com August 30 news, Chongqing Changan Automobile Co., Ltd. issued an announcement, prior to Changan Automobile Associate Avita publicly increased capital and shares to introduce investors, investors have been identified.

Information shows that Avita Technology has completed round B financing, raising 3 billion yuan, with a post-investment valuation of nearly 20 billion yuan.

This round of financing by Changan Automobile, Southern assets, Liangjiang Industrial Fund and other continued additional investment, at the same time, the introduction of Chongqing Industrial parent Fund, Bank of Communications Investment, Guangkai Holdings and other state-owned capital.

Avita Technology plans to increase its registered capital by 350.3011 million yuan, from 1.6446638 billion yuan to 1.9949649 billion yuan.

After the completion of this capital increase, the shareholding ratio of Changan Automobile will remain unchanged; the shareholding ratio of Southern assets will increase from 7.35% to 7.81%, and that of Chongqing Industrial parent Fund, Chongqing Chengan Fund and Chongqing Chengan Fund will be 2.13% and 2.13%, respectively. Chongqing Changan Innovation Fund 0.88%, Guangzhou Kenan Xuanyuan Fund 1.17%, Guangzhou Yuekai Zhizhi Fund 0.55%, Bank of Communications Investment 1.76%. In addition to the above, other original shareholders of Avita Technology do not plan to participate in this capital increase.

After the capital increase, Changan Automobile is still the largest shareholder of Avita, with a shareholding ratio of 40.99%, Ningde Times second, Chongqing Chengan third, from 17.1% to 14.1%, and from 13.55% to 11.17%.

It is worth mentioning that Avita Motors announced today that Avita 12 will make its global debut at the Munich Motor Show on September 4 and its online debut in China on September 5.

At present, the Avita official has not released the configuration and appearance information of the new car. However, CTOnews.com noted that in the "Road Motor vehicle Manufacturing Enterprises and products Bulletin" issued by the Ministry of Industry and Information Technology (batch 373), Avita 12 has passed the declaration.

Ministry of Industry and Information Technology of ▲ drawing Source

According to the information declared by the Ministry of Industry and Information Technology of ▲ Touyuan, the car is located in a medium and large car with a length, width and height of 5020/1999/1460mm and a wheelbase 3020mm respectively. The appearance of the car body follows the family design of Avita 11, equipped with long strip daytime driving lights with integrated visual effects, and some models are equipped with electronic rearview mirrors.

In terms of power, the new car is equipped with a drive motor provided by Huawei Technology Co., Ltd., which provides 230kW single motor and 195kW / 230kW double motor. The battery is provided by Sichuan Times New Energy Technology Co., Ltd.

▲ Avita 11, official Tu Yuan just last week, Avita just launched the Avita 11 Hongmeng version, equipped with a newly upgraded Huawei Hongmeng cockpit, supports multi-screen intelligent interaction, adapts to the co-driver screen for the first time, supports three-finger flying screen, and provides a wide range of car applications, including QQ Music, Tencent Video, in-car KTV and Thunder Stone KTV. In addition, the model also supports Huawei ADS 2.0 smart driving, which is said to "cover 90 per cent of urban car scenarios".

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