According to the news from Gao Gong Intelligent Automobile, a source disclosed that Freetech Intelligent System Co., Ltd. from Hangzhou, Zhejiang Province (Freetech) is also in the final sprint stage of submitting materials for Hong Kong Stock Exchange IPO. According to the information, Freetech was registered and established in Hangzhou, Zhejiang Province on September 28, 2016. As a globally leading intelligent driving solution service provider and product supplier, Freetech owns core intellectual property rights and solutions in the field of Advanced Driver Assistance Systems (ADAS). It is a high-tech innovative enterprise with international technological leadership in the intelligent driving sector, which is mainly committed to creating a safer traffic environment and an ultimate driving and riding experience for travelers through innovative technologies, so as to change people's travel modes. Freetech has completed multiple rounds of financing, and its investors include High-Tech Venture Capital, Xicheng Jinrui, China Internet Investment Fund, Huiyou Capital, Dongfeng Bank of Communications Automotive Industry Investment Fund, Yunxiang Wuzhen Equity Investment, Hengxin Huaye, Hunan Minmetals High-Tech Venture, Zhuoyi Capital, Chaos Investment, SAIC Hengxu, BAIC Industrial Investment, TCL Industrial, Shaanxi Automobile, Everbright Yongming, Tongxiang Jintong, Aopeng Capital, PICC Capital, Yuanchuang Capital, Everbright Financial Holdings, Wuzhen Tourism Investment, Chunxin Hongtu, Jiaxing Xichuang and so on. © 2021 Meishun (Hong Kong) Management Consulting Co., Ltd. and Meishun (Hangzhou) Management Consulting Co., Ltd. All rights reserved. Meishun Meiyin (Hangzhou) Consulting Management Co., Ltd. is the domestic subsidiary of Hong Kong Meishun Management Consulting Company under the same actual controller. Both companies share the same actual controller, are operated under the same Chinese management, and comply with the laws of the Hong Kong Special Administrative Region and the People's Republic of China.