Core Viewpoint - Times Intelligent is set to complete its first round of financing, with a valuation exceeding 10 billion, indicating the emergence of a new unicorn in the market [1] Group 1: Financing and Investment - The financing round is led by well-known market investment institutions, supported by new energy industry capital and state-owned capital [1] - The funds raised are expected to be utilized for the mass production of the skateboard chassis project and the development of new technologies for scenarios like RoboX [2] Group 2: Company Overview - Times Intelligent, officially known as Ningde Times (Shanghai) Intelligent Technology Co., Ltd., is controlled by Ningde Times, which holds 80.1% of the shares [3] - Established in July 2021 with a registered capital of 2.5 billion RMB, Times Intelligent focuses on the research and development of intelligent skateboard chassis [3] Group 3: Product Development - The company plans to launch the "Rock" skateboard chassis by December 2024, featuring a high-safety flagship version that can withstand a frontal column impact at 120 km/h without catching fire or exploding, exceeding regulatory safety requirements [3] - The skateboard chassis allows for the decoupling of hardware and software, significantly shortening the production cycle from product definition to mass production [3] Group 4: Strategic Vision - The Managing Director of Times Intelligent, Yang Hanbing, believes that the integration of intelligent chassis (skateboard chassis) with autonomous driving and smart cockpits is the future trend of the automotive industry, emphasizing the need for a long-term commitment [4] - The company balances standardization and customization to ensure cost efficiency while allowing differentiation in upper-layer development for manufacturers [4] Group 5: Partnerships and Future Plans - Times Intelligent has established partnerships with several companies, including Avita, BAIC, and JAC, with new models expected to be launched between 2026 and 2027 [5] - There are ongoing overseas projects, with new milestones expected to be announced soon [5]