Qijing Auto Secures Over RMB 1 Billion in Strategic Investment

[Capital Update] Qijing Auto has completed a strategic capital increase exceeding RMB 1 billion, with industrial investors including CATL and Bosch jointly acquiring equity stakes.

Core Development: GAC Maintains Control, Diverse Capital Shapes New Brand

Qijing Auto was co-founded by GAC Group and Huawei Qiankun. Originally a wholly-owned subsidiary of GAC Group (with GAC Group holding 71.43% and GAC Aion holding 28.57%), the company saw its original shareholders’ combined stake diluted to approximately 70% following this round of financing, retaining absolute control.

Key Metrics: Efficient Execution in 4 Months, Focused on R&D and Delivery

From its official launch in January 2026 to deal closing in May, the company secured over RMB 1 billion in just 4 months. Proceeds will be allocated to new vehicle development, channel expansion, and delivery assurance.

Strategic Foundation: Strengthening and Complementing the Supply Chain to Build an Industrial Ecosystem

CATL ensures battery supply and engages in joint R&D, Bosch provides core components, and state-backed investors such as CSC Financial, Shenzhen Investment Holdings, and Yuexiu Capital offer policy support and funding to accelerate market-oriented operations and technology implementation.