Harrow Bicycle completed $ 350 million D1 round of financing such as gold clothe

Harold cycling, a Chinese company that shares cycling, announced on Monday that it has completed the $ 350 million D1 round of financing, the ant gold service and the capital, Fujitsu and Wima Motors. This is the first round of financing after the merger of Haro Bicycle and Wing On Low Carbon Technology Co., Ltd., which is held by Wing On Bank (603776.SS) in late October.

Wing On Bank today also announced that a wholly owned subsidiary of ant clothes Shanghai Yun Xin and other agencies to jointly low carbon technology increased 2.304 billion yuan (equivalent to 350 million US dollars), of which 1.986 billion yuan Shanghai Yun Xin investment, accounting for capital increase after Yongan low carbon Technology 32.05% stake, jumped to become the largest shareholder.

Harrogard said in a press release that VC firm became the capital and the emerging new energy vehicle company Wima Motors is the investor of Harlow cycling B and B +; Asia's largest bicycle manufacturer Fujitec is Harlow cycling important Production suppliers. The ant gold service Shanghai Yun Xin Wing is one of the major shareholders.