Pony.ai's Guangzhou subsidiary raises registered capital to $529M
AI summary
Citing Tianyancha business-registry data, 36Kr reported that Guangzhou Xiaoma Huixing Technology's registered capital rose from $429 million to $529 million, an increase of about 23%. The company, founded in January 2018 and legally represented by Mo Luyi, is wholly owned by Hong Kong Pony.ai Ltd. and lists automotive parts manufacturing, software development, AI application software development and smart in-vehicle device manufacturing among its business scope.
In-depth insight
The change is a registered-capital adjustment at a Pony.ai Chinese entity; the report does not state the purpose of the additional capital or its source.
小马智行旗下广州小马慧行公司增资至5.29亿美元，增幅约23%-36氪
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