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ECORDIA: Secures Series A Financing to Drive Global Research and Development in Intelligent Vehicle Networking and Communication Technology.

Ecordia recently completed tens of millions RMB in Series A financing. This round of financing was led by Beijing Yuanpei Fund managed by FOUNDER H FUND, with follow-on investments from Zhongguancun International Venture Capital Agglomeration Fund under Chaoyang Technology Group, Beijing VanJee Technology Co., Ltd., and Shanghai Queclink Wireless Solutions Co.,Ltd.

The completion of this round of financing will further drive the rapid iteration of Ecordia's globalized networking and communication technology in the field of intelligent connected vehicles, accelerating the process of China's intelligent vehicle globalization.

Zhou Xin, CEO of Ecordia, stated, "With the accelerated process of China's new energy intelligent vehicle globalization, products and services supporting globalized networking and communication technology will become a rigid demand for the internationalization of the intelligent vehicle industry chain."

It is well known that adapting mobile communication networks in different regions has always been a challenging issue in the development of the smartphone industry. The development of smartphones has undergone nearly 15 years of evolution to gradually perfect relevant technologies. Additionally, advancements in communication technology have given rise to the massive market of the "mobile internet."

The global deployment of intelligent vehicle networking and in-car communication will be one of the more challenging issues in the next 15 years of China's intelligent vehicle globalization process, as automotive systems are more complex and involve multiple safety indicators. The combination of intelligent vehicles and communication technology will also spur the development of a massive incremental market - the cooperative intelligent driving and mobile vehicle networking ecosystem. Consumer lifestyles will undergo revolutionary changes with the rapid iteration of intelligent cockpits, intelligent driving, and intelligent networking technologies and products. Globalized intelligent networking products and services will become core product elements in the globalization of intelligent vehicles.

Ecordia, established in 2007, has a core team from the research and development departments of leading Japanese consumer electronics conglomerates, European telecommunications companies, leading American communication chip companies, and top domestic automotive component enterprises. The company, with a focus on technology and customer orientation, has been deeply involved in the field of global commercial network digital twinning and simulation technology for many years. It has transformed and applied this technology in simulation testing, software solutions, laboratory technology and solutions, and global field-to-lab services, providing rich and mature solutions for addressing pain points in China's intelligent vehicle globalization process, and reducing costs and increasing efficiency for customers, thereby earning long-term trust from customers.

Ecordia's long-term partners include Sony Group, Xiaomi Group, Qualcomm Group, Shanghai Nokia Bell, Nissan, Sony Honda Mobility, FAW Car, Chery Automobile, Geely,SERES, NIO, XPeng Motors, LEADINGIDEAL, Liangyou Technology, Joyson Electronic, Fibocom, Svauto, and many other industry-leading enterprises.

This round of financing, through the introduction of Beijing University Yuanpei Fund managed by FOUNDER H FUND will further strengthen Ecordia's leading position in global communication and software technology. Yuanpei Fund is a fund focused on major original innovation projects.

At the same time, receiving strong support from Beijing Chaoyang District State-owned Assets Platform will provide strong support for the healthy and stable development of the enterprise. The strategic alliance with VanJee Technology and Queclink , two leading listed companies in the industry, will continue to strengthen the collaborative strategic development in the fields of cooperative intelligent driving and global wide-area IoT.

About Ecordia

Ecordia is a technology innovation enterprise specializing in providing one-stop communication solutions for customers in the intelligent connected vehicle, mobile terminal, and Internet of Things industries. The company was established in 2007, headquartered in Beijing, China, with research and delivery centers in Dalian and Shenzhen, China, Yokohama, Japan, Warsaw, Poland, Budapest, Hungary, Abu Dhabi, UAE, and Los Angeles, USA, as well as branch offices in Singapore, Hong Kong, and other places.

The company's products and solutions cover in-car TCU full-stack software, middleware components, protocol stacks, software customization development, automated in-environment testing solutions, global operator mobile network simulation, and specialized Field to Lab laboratory products. The company holds hundreds of patents, software copyrights, and other intellectual property rights, and has obtained qualifications such as National High-tech Enterprise, Beijing Specialized and New Enterprise, Provincial Specialized and New Enterprise, Zhongguancun High-tech Enterprise, CNAS, CMMI3, ISO27001, ISO9001, Drafting Unit of China Software National Standard, and "Gazelle Enterprise" of China Software Association.