Zhi Ping Fang has completed a new round of financing of nearly 5 billion yuan, with a valuation exceeding 20 billion yuan

According to a report by The Paper, the embodied intelligence company Zhi Ping Fang has recently completed a series of new financing, with a total amount of nearly 5 billion yuan (approximately 700 million USD), and a valuation exceeding 20 billion yuan, making it the first embodied intelligence company in the Guangdong-Hong Kong-Macao Greater Bay Area to officially surpass a valuation of 20 billion yuan. Zhi Ping Fang stated that after the completion of this financing, it will accelerate the iteration and large-scale production process of the "robot brain," further solidifying its integrated capabilities of "model × hardware × scenario."