CIMC Vehicles’s “Vanguard Trailer Rental” Completes Series A-round Financing of Over RMB 100 Million To Create a Standardized, Intelligent Trailer Pool for Sharing of Drop and Pull Transportation and Logistics Equipment
The Company is pleased to announce that its controlling subsidiary, Vanguard Trailer Renta has completed its Series A-round financing, attracting over RMB 100 million. This round of financing will be utilized to finance the development of Vanguard Trailer Rental’s existing businesses, replenish working capital, and expedite the promotion of its business model.