On December 25th, Asia Vets announced the successful completion of Series B1 equity financing, raising a total of 9.4 billion yuan in this round of financing. This round was supported by state-owned investment Institutions and market-oriented investment Institutions, fully reflecting the Capital Markets' bullish outlook on Asia Vets' long-term development potential and broad prospects. The funds raised will be used for R&D investments in core technologies such as digital intelligent chassis, steer-by-wire, and intelligent driving, and to accelerate the launch of new products.