Beijing (Gasgoo)- On December 15, autonomous trucking solution developer Senior Auto inked a strategic cooperation agreement with Hengfeng Bank Ningbo Branch. The bank committed 200 million yuan in credit to support the company's autonomous driving technology R&D and unmanned truck fleet operations.
Under the agreement, the two parties will collaborate across various financial services, including traditional loans, investment banking, transaction banking, cash management, and personal financial services.
Since its founding in 2020, Senior Auto has been dedicated to transforming traditional industries through innovative technologies, promoting industrial intelligence, sustainability, and efficiency. The company has served over 20 ports and industrial parks, providing a successful model for high-quality urban development.
Senior Auto has consistently attracted interest from equity investment institutions. In January 2024, it completed a multi-hundred-million yuan Series B funding round. The strategic partnership with Hengfeng Bank and the 200 million yuan credit line represent another financial milestone for the company. This highlights Senior Auto's strong product capabilities and commercial prospects, further solidifying its position in the capital and financial markets.
