Shulou(Shulou.com)11/24 Report--

CTOnews.com November 16 news, Star Meizu Group recently announced the completion of a total of 2 billion yuan angel plus round and A round of financing, with a post-investment valuation of more than 10 billion yuan.

It is reported that in the first half of this year, Xingji Meizu Group completed angel + round financing, with investors such as Rongyi Investment, Xingyuan Fund, Wuhan Economic Development, etc.; recently, it completed round A financing, led by AIIF and Castrol International, and followed by QC Capital, Wuhan Economic Development and Industrial chain companies.

In addition, Starry Meizu Group has also adjusted its organizational structure, with co-founder Shen Ziyu continuing to serve as CEO, responsible for the overall work of the group, co-founder Su Jing as group president, responsible for day-to-day operation of the company, and Qi Weimin replacing Su Jing as CFO, responsible for finance and investment and financing.

CTOnews.com noted that Star Meizu Group put forward the concept of "mobile phone domain" at the Meizu / LinkedIn unbounded ecology conference held in March this year, that is, beyond the "sixth domain" outside the five traditional car domains (power domain, chassis domain, car body domain, cockpit domain, autopilot domain), so that the mobile phone can be truly integrated into and become a part of the car.

On June 19, 2023, Star Meizu Group and Polestar Star announced the formation of a new joint venture company, with a 51% stake in Star Meizu Group. The Polestar OS intelligent cockpit system, based on Flyme Auto, is expected to be delivered at the end of this year on the Star 4 model, which was recently launched at Geely holding Group's Hangzhou Bay plant.

It is reported that in the future, Star Meizu Group will continue to focus on "smart electric vehicles + mobile phones + XR+ forward-looking technology" to carry out "deep integration" and "super coordination" between the consumer electronics industry and the automobile industry.

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