Allystar

Allystar Technology (Shenzhen) Co., Ltd. was born out of the navigation chip design business of China Electronics Corporation (CEC), a Fortune 500 company. It was established on December 6, 2016 by China Electronics Optics Valley, Shanghai Automotive Group, and Beijing Automotive Group, Bird Co., Ltd., Jinjia Co., Ltd. and other companies were jointly invested and established. Founder: Sun Zhongliang, headquartered in Shenzhen, is a national high-tech enterprise, a Shenzhen high-tech enterprise, a Zhongguancun high-tech enterprise, and is also a key industry introduced by the Shenzhen Municipal Government in 2016. At the same time, the academician (expert) workstation led by academician Sun Jiadong and the Guangdong Beidou Satellite Navigation and Positioning Technology Engineering Technology Research Center are also located here.

Allystar focuses on the independent design, research and development, sales and related businesses of navigation and positioning chips, algorithms and products. The goal is to provide chips and application solutions for the civilian consumer electronics market and special terminal markets such as national lifeline industries, automotive fields, and the Internet of Things.

On November 1, 2019, Allystar announced the completion of Series A financing, with investors including CMB International Capital, CLP CICC, Gree Financial Investment and AVIC Industrial Investment. On May 25, 2021, BGI Beidou successfully completed the Series B strategic financing. This round of financing was led by CPE Yuanfeng, followed by Yunfeng Fund, CSSC Capital, TCL Capital, Jiangling Motors Investment, etc. Existing investor Ding Hui, CMB International, TusHoldings and AVIC Investment made further investments. On March 7, 2022, based on the Series B financing, the company once again completed Series C financing of several hundred million yuan. This round of financing was participated by well-known investment institutions and industry parties such as CDB Science and Technology, Greater Bay Area Fund, Research Investment Fund, and old shareholders such as TusHoldings further invested. In 2022, BGI Beidou won the title of national-level specialized and innovative ""Little Giant"" enterprise.