Rokid Raises Nearly RMB 500 Million in Large-Scale Financing, With Deep Involvement From Hefei Municipal Government and CEC Capital Serving as Exclusive Financial Advisor

On January 8, 2024, Rokid officially signed the "Lingban Smart Investment Cooperation Agreement" with the Hefei Municipal Government. The two parties will collaborate on the development of the metaverse industry and engage in deep cooperation. Simultaneously, Rokid completed the largest single strategic financing in the domestic AR field in recent years, with a total scale of nearly RMB 500 million. This round of financing was led by the Hefei Municipal Government and involved the participation of multiple financial and strategic investment institutions.

CEC Capital served as Rokid's exclusive strategic business advisor and financial advisor in this transaction. This once again demonstrates CEC Capital's strong network coverage and transaction execution capabilities in completing large-scale financing transactions for outstanding Chinese innovative enterprises with local governments and industrial parties.