GAC Group Intends To Invest in Chen Zhi Technology And Xiaoma Zhixing

2026-03-11 Leave a message

 

 

         On the evening of October 10, GAC Group issued the announcement of the 70th meeting of the 60th board of directors. In many proposals and approved, including the “Proposal on Strategic Investment Cucin’s Technology” and “Proposal on Strategic Investment of Pony Smart”.

 

         In order to strengthen the industrial chain coordinated layout in key components such as smart line control chassis, it agrees that the company’s wholly -owned subsidiary GAC Parts Co., Ltd. is based on the evaluation value of the target enterprise Chen Zhi Technology Co., Ltd. Enterprises make capital increase and obtain 30%equity.

 

        In order to deepen business collaboration and promote the development of the company in the field of autonomous driving, the company’s wholly -owned subsidiary GAC Capital Co., Ltd. invested 27 million US dollars (about 191 million yuan).

 

        Chen Zhi Technology was established in 2022 and focused on the development of the intelligent line control chassis system. It is currently controlled by 100%of China Changan Automobile Group Co., Ltd. At the Beijing Auto Show this year, Chenzhi Technology exhibited products such as smart line control, smart line control steering, smart line control air suspension, and line control integrated chassis.

 

        Xiaoma Zhixing is an enterprise in the field of autonomous driving and has been approved to conduct unmanned driving travel services in Beijing, Shanghai, Guangzhou, Shenzhen and other places. Official data shows that as of the end of August 2024, Pony Zhixing has accumulated more than 35 million kilometers of autonomous driving road test mileage, of which the mileage of unmanned autonomous driving tests exceeds 3.5 million kilometers.

 

        It is reported that Robotaxi, a Robotaxi travel company under GAC Group, was founded by GAC Group and Tencent, and Xiaoma Zhixing was its strategic investor. As early as October 2022, Ruqi cooperated with Xiao Ma Zhixing to open a mixed operation of someone driving a vehicle and the self -driving Robotaxi in Nansha, Guangzhou.