On April 6, 2023, Leekr Technology (Guangzhou) Co., Ltd. (hereafter referred to as "Leekr Technology"), a provider of intelligent chassis system solutions, announced the completion of its 400 million RMB Series B equity financing. The company, founded in January 2022, has raised a total of 600 million RMB in financing within 16 months.

Leekr Technology is the first domestic tech company to achieve large-scale mass production of the integrated hydraulic braking system IHB-LK® (One-Box) and fully decoupled hydraulic braking system DHB-LK® (Two-Box). In 2023, Leekr Technology's wire-controlled braking products experienced explosive growth.

This round of financing was co-led by China Science & Technology Investment Management Co., Ltd. and Leaguer Capital, with strategic investments from Nezha Capital, BAIC Industry Investment, and Yiqi Leaguer (a joint venture platform between FAW Group and Leaguer Capital). Limin Ventures, Yanying Investment, Guangzhou Science City Ventures, Longding Investment, along with existing investors Yuanjing Capital, Shanghai Free Trade Zone Fund, Harvest Investment, and Jiuhai Ventures, also participated. Taihe Capital served as the exclusive financial advisor for this round of financing.

On April 18, 2023, Leekr Technology will unveil its new product strategy at the Shanghai International Auto Show in Hall 2.2H. Under the trend of intelligent electrification driven by electric propulsion, wire-controlled chassis, and autonomous driving, Leekr will fully focus on smart chassis technology, achieving coordinated control across the longitudinal, lateral, and vertical axes to ensure smooth acceleration and deceleration, precise steering, and optimal damping.