According to information from Xirui Technology, a smart sleep brand operating within the Dreame Technology ecosystem, the company is on track to conclude its third round of funding this quarter, boasting a valuation that surpasses 2 billion yuan. In September of the previous year, Xirui Technology successfully secured a Pre-A round of financing amounting to nearly 100 million yuan, with its valuation already exceeding the 1 billion yuan mark. Cai Yanming, the President of Xirui Technology, revealed that the fresh infusion of capital will be predominantly earmarked for expanding market channels and orchestrating a global strategic layout. During the first half of the year, the company is set to make inroads into markets including North America, Singapore, Malaysia, Indonesia, and Thailand. Looking ahead, Xirui Technology plans to further broaden its horizons by venturing into the Middle East, Africa, and European markets, with the ambition of having its overseas market operations contribute to 80% of its total business by the year's end.