Core Insights - SiNian Intelligent Driving has completed a multi-hundred million yuan Series B+ financing round, with investments from various institutions including Zhengzhou High-tech Investment Fund and Huarong [1] - The funds will primarily be allocated towards the research and development of autonomous driving products and market expansion [1] Company Overview - SiNian Intelligent Driving is a global provider of autonomous logistics solutions, focusing on empowering smart logistics through autonomous driving technology [1] - The company offers autonomous heavy-duty trucks, intelligent flatbed transport equipment, and capacity operation services, with a focus on developing a comprehensive autonomous truck transportation solution for ports [1] Funding Utilization - The founder and chairman of SiNian Intelligent Driving, He Bei, stated that the funding will be directed towards three main areas: 1. Deepening technology and product development to create next-generation autonomous driving systems suitable for diverse scenarios and with higher performance [1] 2. Accelerating the adaptation of customized chassis and self-developed chassis to ensure system stability and safety while effectively reducing per-vehicle costs [1] 3. Promoting large-scale production to lower unit cost amortization and maintain high gross margins, thereby achieving rapid revenue growth and steady improvement in profitability [1]