ZongmuTech is China’s leading supplier of autonomous-driving and advanced driving assistant system technologies and products, and has formed a closed loop from fundamental R&D to installed applications and mass production.
Zongmu Technology(Shanghai) Co.,Limited develops and supplies autonomousnomous-driving and advanced driving assistant systems. The Company provides autonomous parking, simultaneous localization and mapping, cloud system, smart sensor, and more. Zongmu Technology Shanghai conducts businesses in China.
Founded in 2013 by Rui Tang, ZongMu Technology is headquartered in Shanghai Zhangjiang International Science and Technology Innovation Center, with R&D centers in Shanghai, Beijing, Xiamen, Shenzhen, Chongqing as well as Stuttgart, and manufacturing center in Xiamen, Huzhou. The Shanghai-headquartered company is considering a listing on the city’s Nasdaq-style STAR board, according to Bloomberg citing Tang.
The company also counts as its partners a number of Chinese automakers including Hong Qi, Dongfeng’s premium brand Voyah, Changan Automobile and BAIC Group.
By February 2022, Zongmutech’s valuation is 11.4$ billion.
According to zongmutech