On the evening of August 24, Xiaopeng He, Chairman and CEO of Xiaopeng Group, posted an article in the circle of friends today about Xiaopeng's robotics business announcing the completion of the first round of financing. He Xiaopeng expressed his gratitude to all investors, leaders, Peng You and students for their trust and support. In the near future, Xiaopeng will work hard to bring the first advanced humanoid robot to real reality. She will be different from any robot seen on the market. It is more personable, safer, can interact naturally without a remote control, has its own memory, and really creates value. It is not a demonstration, but a real mass production, and a reality. Today, Xiaopeng Robotics Business announced the completion of the first round of financing of more than 900 million US dollars, and the post-investment valuation exceeded 6.3 billion US dollars, setting a new record for a single round of private equity financing in China's smart industry. This round of financing was led by IDG Capital, and Gao Rong Venture Capital participated, and received support from two strategic investors, Tencent and Alibaba; Xiaopeng Group will continue to control the robotics business.

On the evening of August 24, Xiaopeng He, Chairman and CEO of Xiaopeng Group, posted an article in the circle of friends today about Xiaopeng's robotics business announcing the completion of the first round of financing. He Xiaopeng expressed his gratitude to all investors, leaders, Peng You and students for their trust and support. In the near future, Xiaopeng will work hard to bring the first advanced humanoid robot to real reality. She will be different from any robot seen on the market. It is more personable, safer, can interact naturally without a remote control, has its own memory, and really creates value. It is not a demonstration, but a real mass production, and a reality. Today, Xiaopeng Robotics Business announced the completion of the first round of financing of more than 900 million US dollars, and the post-investment valuation exceeded 6.3 billion US dollars, setting a new record for a single round of private equity financing in China's smart industry. This round of financing was led by IDG Capital, and Gao Rong Venture Capital participated, and received support from two strategic investors, Tencent and Alibaba; Xiaopeng Group will continue to control the robotics business.