Qingyan Precision has successfully secured another round of strategic investment from Shaanxi Automobile Group Capital. The investment will primarily fund product development and market expansion initiatives. Established in 2018, Qingyan Precision was nurtured by the Tsinghua University Suzhou Automotive Research Institute, specializing in a comprehensive lifecycle inspection platform tailored for smart electric vehicles. By leveraging big data and artificial intelligence technologies, Qingyan Precision offers holistic solutions aimed at addressing the core challenges in the process of electrification and intelligence. The company has already forged cooperative ties with numerous OEMs and component manufacturers, and has successfully completed nine funding rounds to date. This latest investment will further propel technological advancements and industrial applications in the realms of new energy and intelligent connected commercial vehicles for both parties.