Agile Hands, a subsidiary company, has completed a new round of financing worth hundreds of millions yuan at a critical point.

Recently, Lingqiao Subsidiary Critical Point announced the completion of a new round of financing worth hundreds of millions of yuan. This round of financing was led by a top internet giant, with participation from BV Baidu Ventures, Yunfeng Fund, and other top institutions. Synstellation Capital, Jushi Electronics, Longqi Technology, SAIC Gold Control, and other industry players also invested in coordination, while C Capital, Wofu, Muhua, and many other financial institutions followed suit. Existing shareholders Blue Chi Venture Capital and Hillhouse Capital increased their investment. It is understood that Critical Point is a new company established in January this year after the split from Lingqiao's business by Zhiyuan Robot. According to corporate information, Zhiyuan Robot invested 4 million yuan and holds an 80% stake in Critical Point.