BAIC Group’s affiliated company becomes shareholder of Yihang Intelligence

Beijing (Gasgoo)- Beijing Yihang Yuanzhi Technology Co., Ltd., the corporate entity of Yihang Intelligence, a developer of autonomous driving systems, recently witnessed a significant change in its shareholder structure. 

Photo credit: Yihang Intelligence

According to data from Chinese corporate information database Tianyancha, two investors have divested from the company. In their place, a new shareholder emerged, which is BAIC Group-backed Jiangsu Jiequan Anpeng Advanced Manufacturing Industry Investment Fund.

The list of Yihang Intelligence’s existing shareholders also includes Li Auto-affiliated Beijing Chehejia Information Technology Co., Ltd., and GAC Group-backed Guangqi Chentu Second Equity Investment (Foshan) Partnership Enterprise.

Established in 2015, Yihang Intelligence is one of China's earliest autonomous driving startups, specializing in independent R&D of autonomous driving systems. The company secured its first Tier1 mass production project for autonomous driving as early as 2016. 

Over the years, Yihang Intelligence has accumulated extensive experience, boasting successful mass production experience for over 100,000 complete vehicles and a collection of driving data for over one billion kilometers in distance. With its full-stack in-house capabilities covering perception, decision planning, control, and software and hardware development, Yihang Intelligence stands out as one of the few autonomous driving suppliers capable of providing advanced functionalities like NOA Pilot & Parking integrated solution and city-wide FSD features.