- Seed and Angel RoundsRMB 300M — Completed consecutive seed and angel rounds, with a combined size of "several hundred million yuan" as originally stated, recorded at a minimum of RMB 300 million; individual round amounts were not disclosed. Led by Dunhong Asset, with participation from Huakong Fund, Sanhua Holding, Ginkgo Valley Capital, Zeran Capital, Benjian Fund, Shanghai Angel Club, Biaopu Investment, among others. Post-money valuation reached USD 500 million.