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Core Viewpoint - Xiangdao Mobility has completed a C-round financing of over 1.3 billion RMB, marking the largest single financing amount in China's mobility industry in the past three years. The company has officially launched its Hong Kong IPO plan, with notable investors including Alibaba and CATL in previous rounds, and this round supported by industrial funds and local governments [2]. Group 1: Financing and Growth Strategy - The three rounds of financing correspond to the company's development stages: data empowerment, technology breakthroughs, and ecosystem construction, showcasing a strategic foresight in capturing industry opportunities [2]. - The company aims to deepen technology-driven initiatives, enhance service quality, and expand into diverse scenarios following the completion of the C-round financing [4]. Group 2: Business Operations - In personal mobility, Xiangdao Mobility's ride-hailing service has established a network in nearly 100 cities, with an average compound growth rate of nearly 30% during the 14th Five-Year Plan period [3]. - In corporate mobility, the brand "Xiangdao Car Rental" operates in over 150 cities with a fleet of more than 25,000 vehicles, serving over 5,000 corporate clients, including over 300 Fortune 500 companies [3]. - The Robotaxi service, launched in 2021, has completed over 330,000 orders, with more than 48,000 operational points and a total distance exceeding 2.5 million kilometers [3]. Group 3: Future Developments - Xiangdao Robotaxi is a key component of SAIC Group's smart mobility ecosystem, with plans to develop an L4-level Robotaxi fleet in Shanghai, aiming for a scale of 200 vehicles by 2026 [4]. - The company is focused on promoting sustainable and high-quality commercial operations of Robotaxi, advocating for "technology equity" to make advanced technology accessible to the public [4].