Xingyi Space has completed nearly 300 million yuan in Pre-A round financing, led by Shen Chuangtou.

On December 25th, Xingyi Space announced the completion of nearly 300 million RMB in Pre-A round financing. This round of financing was led by Shenzhen Innovation Investment Group, with participation from Open Source Innovation, Shengjing Capital, Shenzhen Zhichen and other institutions. The funds from this round of financing will mainly be used for the construction of the company's overseas ground control stations and technology research and development investment.