Linear Capital portfolio company Hongjing Drive has entered a strategic partnership with Lianyou Zhilian to jointly advance mass production of intelligent driving systems.
On September 5, Hangzhou Hongjing Intelligent Driving Technology Co., Ltd. (hereinafter referred to as "Hongjing Intelligent Driving") and Lanyou Zhilian Technology Co., Ltd. (hereinafter referred to as "Lanyou Zhilian") signed a strategic cooperation agreement. The two parties will carry out close cooperation in autonomous driving solutions and other business areas, jointly enhance their respective commercial value, achieve complementary strengths, and work together to promote the implementation of autonomous driving solutions, providing leading technical support and product services to automakers.