DJI car tech unit spinout ZYT is raising pre-IPO funding, report says
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ZYT, or Zhuoyu Technology, is raising approximately RMB 2 billion ($280 million) in a pre-IPO funding round, with a pre-money valuation of around RMB 12.5 billion ($1.74 billion). The company, which focuses on intelligent driving technology, plans to list in Hong Kong this year. Originally part of DJI, ZYT was spun out in 2023 and rebranded in June 2024. In November 2025, it secured over RMB 3.6 billion in strategic investment from FAW Group.
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