Li Xiang, the CEO of Li Auto, opened up about the challenges faced during his entrepreneurial endeavors in a video podcast hosted by Luo Yonghao. In the tumultuous year of 2019, amidst a dire financial crunch and a challenging market environment, Li Auto struggled immensely to secure the C-round of funding. Amidst this crisis, Li Xiang himself was personally grappling with a serious illness and dwindling savings. At this pivotal and desperate juncture, Wang Xing, the founder of Meituan, stepped in with a pivotal $300 million investment, emerging as a crucial pillar of support in Li Xiang's entrepreneurial journey. Consequently, Meituan has remained a steadfast investor, leading the D-round and participating in several subsequent funding rounds, with Wang Xing personally contributing to follow-on investments on multiple occasions. During an earnings call, Wang Xing lauded Li Xiang as a visionary and pragmatic entrepreneur. Furthermore, Zhang Yiming, the founder of ByteDance, also extended his support with a $30 million investment in Li Auto.