Recently, Shanghai Guosheng capital invested 300 million yuan in Botai vehicle networking strategy. This is also another heavy investment obtained by Botai automotive networking after obtaining strategic investments such as FAW Group, Dongfeng Automobile Co.Ltd(600006) , Xiaomi group and Haier capital.
Guosheng frequently arranges in the field of new track
What is the deep meaning behind Guosheng’s choice?
Let’s take a look at the strategic investor – Shanghai Guosheng capital.
Public information shows that Shanghai Guosheng capital is subordinate to Shanghai Guosheng group, which is a large state-owned assets operation platform complex approved by the Shanghai municipal government and was established in September 2007.
In recent years, Shanghai Guosheng group has closely focused on the requirements of national and Shanghai Economic and social development, promoted the platform development of “two wheel drive”, consolidated the three basic functions of “state-owned capital operation, major industrial investment and fund strategic allocation”, and focused on building a state-owned assets operation platform complex with extensive market influence.
According to the data, by the end of 2021, the group had invested nearly 40 billion yuan in integrated circuits, artificial intelligence, biomedicine, civil aerospace and other fields. In the field of integrated circuits, it has completed the first and second phases of the national integrated circuit industry investment fund, the first and second phases of Shanghai integrated circuit industry investment fund, Shanghai semiconductor equipment and materials fund, Huahong group, Shanghai silicon industry group and other key projects.
Recently, Shanghai Guosheng has frequently arranged in the field of new tracks. For example, in the hot meta universe, Shanghai Guosheng has arranged more than 10 enterprises, such as Shangtang technology, Yuncong technology and Yitu technology of AI algorithm to improve the efficiency of meta universe; Provide the underlying power, computing power, chip wall technology, Moore thread and megacore for the meta universe. In addition, Shanghai Guosheng led the investment of Dake technology, which is in a leading position outside China in the technology of meta universe infrastructure such as digital twins and blockchain.
Changshou Weiguang, party secretary and director of Shanghai Guosheng group, said that as a state-owned assets operation platform, Guosheng plays an active role in building Shanghai’s “3 + 6” new industrial system. The evolution of the Internet of vehicles must be the link and connection of the whole scene. It is an industry worthy of attention. Investing in Botai is a natural choice, and intelligent Internet connected vehicles will be a new business card of Shanghai in the future.
why can Botai be favored by state-owned investment platforms
Founded in 2009, Botai car networking is a local car networking enterprise in Shanghai and one of the leading enterprises in the industry. As the earliest entrant of China’s Internet of vehicles, over the years, Botai has continued to cultivate the automotive ecology, accumulate core technologies, focus on the research and development of intelligent on-board information service system, and provide Internet of vehicles products or services for mainstream automotive groups at home and abroad. At present, in addition to the headquarters in Shanghai, there are R & D centers in Nanjing, Shenyang, Dalian, Shenzhen and Wuhan, offices in Changchun and Beijing, and intelligent manufacturing bases in Xiamen.
According to the data, Botai has invested 1.8 billion yuan in R & D and continuously invested more than 30% of its operating revenue. Based on years of technology accumulation and product delivery experience, Botai has five core technologies: operating system, intelligent voice, hardware, high-precision map and cloud platform. So far, Botai has applied for more than 5700 intellectual property rights, of which invention patents account for 82% of patents. Customers cover nearly 30 automobile brands, nearly 100 models, more than 200 models, such as luxury, joint venture and independent, and the business covers more than 30 countries and regions.
In the view of the industry, it is the strong R & D ability that makes Botai continue to win the favor of capital. Before Guosheng entered the bureau this time, Botai had obtained nearly 2 billion yuan of financing from FAW, Dongfeng and Xiaomi. Meanwhile, Botai just completed the listing guidance filing in Shanghai Securities Regulatory Bureau in January this year, and is making a sprint for the listing of science and innovation board.
Ying Yilun, founder and chairman of Botai, said that the investment of Shanghai Guosheng group in Botai is conducive to promoting Botai to further accelerate the pace of innovation and R & D and make greater breakthroughs in technology R & D and system integration. In addition, it is located at the innovation track with many local technology enterprises such as “yuanuniverse”, “independent chip” and “cloud computing” invested by Shanghai Guosheng, which opens unlimited possibilities for Botai to carry out multi-dimensional cooperation with more technology enterprises in the future.
“This investment of Shanghai Guosheng group is far more than financial assistance to Botai, but also represents heavy trust and support, reflects Shanghai’s recognition of Botai, and makes Botai more confident and firm on the road to the world’s leading science and technology enterprise in the future.” Ying Yilun said.
It is reported that at present, the existing order revenue of Botai from 2022 to 2025 can ensure the rapid growth of the company, and the company has entered a key opportunity for steady development. In the future, Botai will take root in Shanghai, base itself on China and layout the world.
Internet of vehicles has huge imagination space
With the layout of “new track”, the intelligent Internet connected vehicle is expected to be a “big terminal” and “new terminal” with high integration and strong traction.
The reporter found that the Shanghai Municipal Commission of economy and information technology has released a series of measures to promote the development of intelligent networked vehicles, which proposed to promote the breakthrough of “three intelligences” terminals (intelligent driving, intelligent networked connection and intelligent cockpit), and support key research projects, such as environmental perception, decision-making algorithm, control execution, on-board interactive terminals, high-precision maps, roadside equipment, information security, etc.
People in the industry think there is still a lot of room for the development of car networking in the future. Under the general trend of the new four modernizations of automobile and the digital transformation of automobile industry, intelligence is becoming a subversive force for the future development of automobile, promoting the rapid landing of intelligent Internet connection and automatic driving. When the era of automatic driving comes, the future interior space will provide owners with an immersive and ceremonial experience through vehicle vibration, sound, vision and smell, combined with AR and VR technology. With the mission of “leading the ultimate experience of smart cars and reconstructing the lifestyle of mobile space”, Botai has a long way to go.
