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Neolix Raises US$600+ Million in Series D Funding, Setting New Record for Private Financing of China’s Autonomous Driving Industry

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Advertorial Desk
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BEIJING, Oct. 24, 2025 /PRNewswire/ — Neolix, the world’s largest provider of L4 autonomous delivery (RoboVan) solutions, has raised over US$600 million in its Series D financing. By deal size, it is the largest private fundraising in China’s autonomous driving sector to date and is among the biggest private investments in China this year.

Neolix secures the largest-ever fundraising in China's autonomous driving industry
Neolix secures the largest-ever fundraising in China’s autonomous driving industry

The round was led by UAE-based StoneVenture, joined by Gaocheng Capital, CITIC Capital, CDH, Sparkedge Capital, Beijing AI Fund and one of the largest internet platforms in China. Other key investors include Legend Capital, Gaorong Ventures, Templewater, etc. Existing backer Yunqi Partners also increased its holdings, while Cygnus Equity acted as the exclusive financial advisor for the transaction.

This round marks a new chapter in Neolix’s mission to “make autonomous vehicles accessible worldwide,” underscoring strong investor confidence in the company’s technological edge and commercial momentum. Neolix plans to use the funds to further invest in algorithm and technology R&D, develop new products for diverse commercial scenarios, enhance its service network and user experience, and fuel its global expansion plans.

Neolix’s Founder and CEO, Enyuan Yu, stated that the Series D fundraising will strengthen Neolix’s technological and market leadership in autonomous intra-city logistics, accelerating large-scale commercial deployment to meet growing domestic and international demand. “We believe autonomous delivery is a key part of future urban logistics. Neolix will continue building a robust fleet, advancing visual algorithms and dispatch engines to deliver safe and efficient autonomous solutions. Our goal is to empower urban logistics with autonomous driving, making RoboVans a new productivity tool and driving digital transformation in the industry.”

Leading the RoboVan Industry Into Large-Scale Deployment

Founded by Mr. Enyuan Yu, Neolix has rapidly emerged as a global leader in autonomous delivery vehicles since its launch in 2018. The company has delivered over 10,000 L4 RoboVans, more than any other firm worldwide, and achieved a record-breaking 2,000 vehicle deliveries in a single month. Its vehicles are now deployed in over 300 cities in China, with Qingdao hosting more than 1,200 units. Neolix’s popular X3 and X6 models have each surpassed 4,000 deliveries, demonstrating strong market demand.

On the technology front, Neolix continues to pioneer breakthroughs. Its proprietary “Neolix-VA” vision-action foundation model marks the first large-scale deployment of an end-to-end model in the logistics sector, enabling RoboVans to navigate complex traffic environments through superior spatial intelligence and behavioral reasoning.

Neolix is also the first company to deploy map-free autonomous driving in freight industry , enabling true point-to-point delivery on public roads with full environmental generalization. Its AI-powered Dispatch Center integrates real-time data on vehicles, routes, and orders to optimize fleet performance. Collectively, Neolix’s L4 autonomous vehicles have accumulated over 50 million kilometers of real-world L4 driving, keeping the company far ahead of peers.

Expanding Market Share and Commercial Scenarios

Since obtaining China’s first autonomous delivery license in 2021, Neolix has experienced explosive growth. Vehicle deliveries have increased more than tenfold annually for two consecutive years. Today, the company holds over 60% of cumulative market share, 70% of new monthly shipments, and 80% of monthly revenue in China’s autonomous delivery vehicle segment, serving more than 300,000 clients ranging from large enterprises to small businesses.

In the express delivery sector, Neolix commands a leading position as the only RoboVan supplier serving all major logistics players in China, including SF Express, JD Logistics, China Post, STO, YTO, ZTO, and J&T Express, capturing nearly 70% of key account tenders.

Beyond express logistics, Neolix is rapidly expanding into fresh food, cold chain, supermarket, and urban freight scenarios, driving operational efficiency and service reliability, particularly during nighttime operations, where a single RoboVan can complete over 10 delivery cycles per shift.

Earlier this year, Neolix and Didi Freight jointly launched the world’s first RoboVan-as-a-Service (RaaS) model for on-demand logistics, significantly lowering the barrier to autonomous delivery adoption.

Orders from these diversified urban logistics scenarios now account for more than half of Neolix’s monthly order volume. In the broader urban logistics segment, Neolix currently serves hundreds of top-tier clients and commands over 60% market share.

Accelerating Global Expansion

Neolix’s success extends beyond China. In October 2025, Neolix partnered with K2 Group, an Abu Dhabi–based AI technology firm, to secure the first RoboVan license ever issued in the UAE, paving the way for scaled deployment across the Middle East. The company also joined Japan’s largest autonomous driving association, Autoware, in September 2025, and in July 2025, signed a strategic cooperation agreement with the Incheon Metropolitan Government to promote RoboVan deployment in South Korea.

Industry Outlook: 2025, the Breakout Year for Autonomous Delivery

Analysts anticipate exponential growth in autonomous delivery vehicles over the next three years. Soochow Securities forecasts that more than 30,000 units will be sold in China in 2025 alone.

Neolix estimates that China’s urban logistics market, currently served by about 30 million delivery vehicles valued at over RMB 3 trillion, is poised for large-scale automation. Within three years, major cities such as Beijing, Shanghai, and Guangzhou could each see thousands of autonomous vehicles operating daily. Once fleets reach a certain level, Neolix envisions an intelligent logistics network serving both enterprises and individuals, enabling shared capacity and highly efficient resource allocation.

Investor Endorsements

Hong Jing, Founding Partner and CEO of Gaocheng Capital:

“As an industry leader, Neolix has been at the forefront of exploring the implementation of L4 autonomous driving technology in the logistics sector and achieving Product-Market Fit. It has experienced rapid growth on the path to commercializing unmanned driving technology, serving numerous leading customers within the industry, while also demonstrating highly competitive development potential in overseas markets. As a patient growth-stage fund, we hold a highly optimistic view of China’s world-leading position in integrating hardware and software capabilities. We are committed to continuously supporting and assisting Neolix in creating value for its customers and the broader industry, consolidating its leadership position, and facilitating the global expansion of China’s cutting-edge technologies.”

Wang Lin, Founding Partner at CDH:

“Amid widening labor shortages and surging parcel volumes, Neolix’s autonomous delivery vehicles represent more than just tools, they are keys to breaking through industry bottlenecks. CDH VGC will leverage its extensive industrial resources to help Neolix integrate deeply with China’s robust supply chain ecosystem and diversified logistics scenarios, supporting its evolution from mass deployment to global ecosystem building. We aspire to be an ‘intelligent partner’ of our era, joining hands with true builders to drive industrial transformation.”

Zhao Lei, Partner at CITIC Capital:

“Our investment reflects long-term conviction in the transformative potential of smart logistics. Autonomous driving technology will fundamentally reshape the industry’s cost structure and operations. What sets Neolix apart is its ability to innovate consistently and create enduring value, which could be the strongest competitive moat. As a long-term partner, CITIC Capital will leverage deep industrial expertise to help Neolix expand new applications, accelerate technological iteration and global growth, defining the future paradigm of logistics.”

Chen Yu, Partner at Yunqi Partners:

“Since Neolix’s founding, we’ve been firm believers in its long-term potential in autonomous delivery. From the first vehicle to the ten-thousandth, the team has continuously raised the bar for the industry through solid engineering and relentless innovation in terms of algorithms, systems, and monetization. Yunqi Partners will continue to accompany Neolix on its journey, driving deeper application of autonomous driving across China’s trillion-level logistics market.”

About Neolix

Neolix is a leading provider of L4 autonomous delivery (RoboVan) solutions worldwide. Its self-developed L4 autonomous vehicles are widely deployed across express delivery, urban logistics, and other key scenarios. Guided by our mission to make autonomous vehicles accessible worldwide, Neolix has deployed over 10,000 units in 300 cities across 15 countries, covering more than 50 million kilometers of autonomous operation—among the top in the industry for both deployment scale and operational mileage.

Backed by full-stack capabilities spanning in-house software and hardware development, vehicle manufacturing, and intelligent dispatching, Neolix has filed over 1,500 patents. Designed to help clients reduce costs and enhance efficiency at scale, Neolix vehicles enable 24/7 autonomous operations—running reliably in all weather conditions, at any time of day, and across a wide range of complex road scenarios.

Four Dead in Xieng Khouang Linked to Illegal Gold Mining

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Phontham Visapra
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Four Dead in Xieng Khouang Linked to Illegal Gold Mining
This image is used only for representational purpose (photo credit: Mindat)

Xieng Khouang Province has reported four deaths in 2025 related to illegal gold mining, highlighting ongoing safety and regulatory issues in the region. The report did not specify the exact date of the incidents.

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Registration, Licensing Required for Sound System Use During That Luang Festival

By
Namfon Chanthavong
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The Department of Culture and Tourism of Vientiane Capital has announced that all individuals, businesses, and organizations planning to use loudspeakers or sound systems during the That Luang Festival and Trade Fair 2025 must register and obtain the required licenses by 30 October.

According to the department, anyone wishing to use sound systems, organize concerts or cultural performances, or display advertisements during the festival must first receive official approval. 

The registration process aims to ensure that all activities comply with festival regulations and contribute to maintaining order, safety, and respect for the cultural and religious significance of the event.

A representative from the tourism department explained that the That Luang Festival is one of the most sacred and important celebrations in Laos, attracting thousands of visitors each year. Proper registration and licensing will help ensure that entertainment and promotional activities are managed responsibly, without disturbing the festival’s atmosphere.

The Department of Culture and Tourism has invited both domestic and international participants to submit their applications as soon as possible. The office has also confirmed that staff are available to assist anyone seeking information or support with the registration process.

Heightened Security at That Luang Festival

Meanwhile, Vientiane authorities have announced the deployment of more than 2,000 police officers to safeguard the festival and maintain public order during the celebrations, which will take place from 1 to 5 November at That Luang and the Lao-ITECC Exhibition Center.

According to the Subcommittee on Security, a total of 2,015 officers will be stationed throughout key areas of the city. Some officers will be positioned at the main festival sites, while others will handle traffic management and monitor major intersections, checkpoints, and police stations to ensure the smooth movement of people and vehicles across the capital.

Police have urged residents and visitors to follow all festival regulations, keep personal belongings safe, and park only in designated areas. 

They also advised the public to take precautions at home by checking electrical systems, avoiding large sums of cash, and labeling children’s bags with contact details.

The use of weapons, fireworks, sky lanterns, and drones without prior permission is strictly prohibited. 

Officials said these measures are part of a coordinated effort to protect the public and preserve the festive yet respectful spirit of the celebrations.

China Daren Group Limited Announces Strategic Foray into Computing Power Industry

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Advertorial Desk
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HONG KONG, Oct. 24, 2025 /PRNewswire/ — China Daren Group Limited (“Daren”), a subsidiary of MBV International Limited (01957.HK), announced that it will actively transform towards the advanced technology industry, striving to build the company into a high-quality high-tech enterprise with obvious core business advantages and outstanding profitability. The company is targeting the continuously exploding global computing power industry, actively exploring the computing power industry, and making it the company’s core business in the future.

Daren is a Hong Kong company, and its geographical advantage makes it a key hub connecting mainland China business and international markets. Currently, the company is in talks with multiple partner companies to accelerate the development of its computing power business.

Daren will operate its computing power business according to the following business models starting from December:

  1. AI Computing Centers — Targeting enterprises and institutions with sustained high demand for computing power, Daren will collaborate with investors to develop and operate AI computing centers. These centers will provide long-term computing services, balancing investor returns with reliable computational supply.
    Services include full-stack solutions for large-scale model training, model development, fine-tuning, inference, and the implementation of generative AI applications. The company will also engage ecosystem partners and clients to foster a collaborative AI computing community.
  2. AI Models — Daren will deliver customized multi-modal enterprise AI assistants by integrating large AI models with clients’ internal data and industry-specific datasets. These tailored solutions are designed for organizations with clear application scenarios seeking intelligent upgrades.
  3. Managed Services — For existing AI computing center clients, Daren will offer manufacturer-grade maintenance and operational support. The services aim to reduce total cost of ownership, enhance operational efficiency, and maximize the value of computing infrastructure.

Actively expanding into the computing power industry demonstrates Daren’s determination to practice its global strategy. In the future, Daren will continuously connect with partners to establish an AI computing power industry service ecosystem and jointly launch the most cutting-edge AI intelligent solutions with global partners.

China Brings Connected Vehicles to Life in Shanghai: Advancing C-V2X Deployment including 5G-Advanced

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Advertorial Desk
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SHANGHAI, Oct. 24, 2025 /PRNewswire/ — In Jiading, Shanghai, the 5G Automotive Association (5GAA) and Shanghai International Automobile City (SIAC) co-hosted the “C-V2X Implementation in China and International Cooperation” Conference. The full-day event brought together global experts for high-level strategic discussions and live demonstrations, highlighting China’s rapid progress in C-V2X innovation while fostering dialogue across the international connected mobility ecosystem and showcasing the capabilities powered by 5G-Advanced (5G-A)

“The Shanghai conference and demonstrations highlighted China’s proactive role in advancing C-V2X technologies. It is particularly significant as it showcases leadership and innovation that drive progress across the entire global ecosystem,” said 5GAA Director General Christof Schmidt.

Attendees witnessed live demonstrations of cutting-edge C-V2X technologies. China IMT-2020（5G）Promotion Group C-V2X Working Group and SIAC presented the “Four Layers Demonstrations”, which included scenarios such as sudden cut-outs by preceding vehicles, work-zone alerts, and connected-assisted driving. These tests highlighted how advanced onboard units can receive real-time data from multiple vehicles ahead, enabling rapid adjustments and improving safety. Additionally, demonstrations also showcased how C-V2X enhances vehicle awareness under challenging weather conditions.

In parallel, SIAC, AUMOVIO and China Unicom showcased C-V2X vehicle networking applications based on 5G-A network. Leveraging the 5G-A network, cross-operator real-time sensor information sharing between vehicles and on-demand information distribution between vehicles and infrastructure are achieved. The system supports typical application scenarios such as front-object detection, blind spot communication, and emergency collaboration. With end-to-end latency below 30ms, it meets the stringent low latency and high reliability requirements of C-V2X applications.

“We are honoured to co-host this international forum with 5GAA,” said Gang Chen, Chairman of Shanghai International Automobile City. “As China’s first national pilot zone for intelligent and connected vehicles, SIAC is actively contributing China’s practical experience and fostering global industrial synergy through our deep involvement in prestigious international organisations such as 5GAA and VDA. We are committed to building an open, integrated, and globally influential industrial ecosystem, accelerating the alignment and mutual recognition of Chinese solutions with international standards, and sharing ‘China’s Wisdom’ and the ‘Shanghai Model’ with the world. We look forward to joining hands with global partners in pioneering a new chapter for intelligent and connected mobility,” he said.

Full press releases available here.

Myanmar Scam Center Raid Sends Hundreds Fleeing to Thailand

By
Phontham Visapra
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Myanmar Scam Center Raid Sends Hundreds Fleeing to Thailand
This screengrab from Thai PBS video footage taken on October 22, 2025 and received by AFPTV on October 23, 2025 shows Thai soldiers keeping watch as people, believed to have crossed over to Thailand from Myanmar after escaping from scam centres, board a vehicle in Mae Sot. (photo credit: AFP PHOTO / THAI PBS VIA AFPTV)

More than 600 people fled one of Myanmar’s most notorious scam centers and crossed into Thailand, a Thai provincial official told AFP on 24 October, after a military raid on the compound.

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KW Cosmetic Launches “Centella Rescue Spot Ampoule” — Strengthening Its Derma Line for Problem Skin

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Advertorial Desk
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SEOUL, South Korea, Oct. 24, 2025 /PRNewswire/ — K-beauty brand SkinGuhari, operated by KW Cosmetic, has officially launched its new product, the “Centella Rescue Spot Ampoule,” while renewing its flagship “Revive Therapy” skincare line.

Guided by the brand philosophy “The beginning of salvation toward perfect skin,” SkinGuhari focuses on developing low-irritation formulas designed for acne-prone, sensitive, and atopic skin.

The new Centella Rescue Spot Ampoule contains Centella Asiatica extract, Campanula callus extract, and a 3GF complex (EGF, IGF-1, bFGF), offering intensive soothing, regeneration, and scar-improving benefits.

Meanwhile, the renewed Revive Therapy line features plant-derived PDRN extracted from Icheon rice, combined with patented ingredients to enhance skin barrier strength, hydration, and calming effects.

KW Cosmetic has secured official product approvals in Japan and Vietnam, and is expanding its global presence through participation in major beauty exhibitions and live commerce platforms such as Naver Shopping Live, Grip, and Shopee Live.

A KW Cosmetic spokesperson said, “Our goal is to become a genuine solution brand that helps people struggling with skin concerns by restoring the skin’s natural strength and balance.”

STWO Launches New Functional Cosmeceutical and Health Supplement Lines — “Democratizing Professional Quality”

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Advertorial Desk
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SEOUL, South Korea, Oct. 24, 2025 /PRNewswire/ — Innovative beauty and wellness company STWO Co., Ltd. has announced a major brand renewal and product expansion, unveiling new lines of functional cosmeceuticals and premium health supplements. With these launches, STWO aims to make “professional-grade quality” accessible to everyday consumers through high-performance products at reasonable prices.

More than just a beauty brand, STWO is a comprehensive brand company that oversees research, manufacturing, distribution, and global trade. Guided by its core philosophy of “Essential Value,” the company focuses on developing “Why Needs” products — solutions designed not merely for consumption, but to meaningfully improve consumers’ quality of life.

At the heart of this launch is the “High-Performance” skincare line, specifically formulated for sensitive and troubled skin. The lineup begins with two spicule-based cleansing foams that target skin concerns, followed by mists, serums, ampoules, and modeling masks, completing a seven-product “True Solution” series designed for comprehensive skin care.

In the healthcare category, STWO will introduce a premium probiotic supplement co-developed with Boryung Pharmaceutical, a leader in Korea’s pharmaceutical industry. This product is designed to enhance both inner beauty and gut health, providing a wellness solution tailored to the balanced lifestyle of Asian consumers.

Through this renewal, STWO has broadened accessibility to professional-grade products. Previously available mainly in esthetic clinics and skincare centers, its products will now be offered directly to consumers through a more affordable pricing structure and expanded retail channels.

In several Southeast Asian markets, STWO products have already gained recognition and are even available in select pharmacies, signaling strong momentum for global expansion.

A spokesperson for STWO commented, “This launch marks the beginning of our mission to ‘democratize quality.’ We’re committed to delivering premium care solutions that seamlessly integrate into consumers’ daily routines through customer-driven research and innovation.”

Looking ahead, STWO plans to continue introducing lifestyle-focused solutions that balance premium quality and fair pricing. The company also intends to allocate a portion of its profits to corporate social responsibility (CSR) initiatives and product sponsorship programs, helping more consumers experience the benefits of premium skincare and health solutions. Through these efforts, STWO aims to grow as a “Value-Sharing Company” that promotes sustainable well-being across Asia and beyond.

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