About Ruqi Mobility
Ruqi Mobility is a publicly listed company based in Guangzhou (China) founded in 2019. Ruqi Mobility has raised $269.93 million across 2 funding rounds from investors including Pony.ai, WeRide and Sparx Group. Its website ruqimobility.com draws about 93 thousand monthly visits. Its focus areas include Consumer, Road Transport Tech, Ride Hailing and Cars. Its legal entity in India is Ontime Logistics Solutions Private Limited (U60221HR2019PTC081177).
Company details
AI-based platform providing ride-hailing services with electric fleet. Users can book rides by providing location, destination, user details, payment details, preferred dates, and more.
- Headquarters Guangzhou, China
- Stage Public
- SectorsTransportation, Automotive & Logistics
- Website ruqimobility.com
- Social LinkedIn
- Legal Name Chenqi Technology Ltd.
- Annual Revenue$736.11 M (USD)114.66as on Dec 31, 2025
- Net Profit-$40.83 M (USD)48.05as on Dec 31, 2025
- EBITDA-$37.05 M (USD)44.56as on Dec 31, 2025
- Total Equity Funding$269.93M (USD)
in 2 rounds
- Latest Funding Round$117.3M (USD), Series B
Jun 2023
- InvestorsPony.ai
& 9 more
Associated legal entities of Ruqi Mobility
Ruqi Mobility operates through Ontime Logistics Solutions Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ontime Logistics Solutions Private Limited CIN U60221HR2019PTC081177 | Strike Off | 27 Jun 2019 | Hisar, Haryana | 2 | View details |
Funding Insights of Ruqi Mobility
Ruqi Mobility has successfully raised a total of $269.93M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $117.3 million completed in June 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $269.93M
- Total Rounds 2
- Last Round Series B — $117.3M
- First Round $152.63M
(Apr 2022)
- Investors Count 10
All 2 funding rounds of Ruqi Mobility with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
10 investors in total: 10 institutional.
Investors in Ruqi Mobility
Ruqi Mobility has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Pony.ai, WeRide and Sparx Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| sfund.com | ||||
Passenger cars are produced and branded by GAC in China. | 1955 | gac.com.cn | Guangzhou, China | |
AI-powered self-driving technology is developed for autonomous vehicles. | 2017 | weride.ai | Guangzhou, China | |
AI-enabled self-driving solutions are developed for autonomous vehicles. | 2016 | pony.ai | Fremont, United States | |
Asset management, accounting, and real estate brokerage services are provided. | 1989 | sparxgroup.com | Minato City, Japan | |
Provides fund management, asset services, and family office solutions for clients. | 2009 | pilgrimpartnersasia.com | Singapore, Singapore | |
| cctgroup.com.cn | ||||
Operates a university with diversified courses and degree programs across disciplines. | 1995 | ln.edu.hk | Hong Kong, China | |
| guangzhouindustrialcontrol.tcc.mode | ||||
Multi-modal freight forwarding, shipping, and logistics services are provided. | 1956 | gac.com | Dubai, United Arab Emirates |
Investor details for Ruqi Mobility
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Ontime Logistics Solutions Private Limited (Ruqi Mobility)
Ontime Logistics Solutions Private Limited is the primary company behind Ruqi Mobility. The board of Ontime Logistics Solutions Private Limited currently have 2 directors; the longest-serving is Santosh Garg, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Santosh Garg DIN 08495402 | Director | 27 Jun 2019 | 7 yrs 3 mo | Ontime Logistics Solutions Private Limited |
| Jyoti DIN 08495433 | Director | 27 Jun 2019 | 7 yrs 3 mo | Ontime Logistics Solutions Private Limited |
IPO & Listings of Ruqi Mobility
Ruqi Mobility is a publicly listed company on the HKEX with ticker symbol 9680 in Hong Kong, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date10 Jul 2024
- Listed onHKG: 9680
- Listed entityChenqi Technology Ltd.
- Exchange sectorTechnology services
- ISINKYG2087S1030
- Share price6.30 HKD (-17.65% on the day) · 2026-10-14
- Market capitalisation1,561,471,057.00 HKD
- EPS (diluted, trailing year)-1.30 HKD
- Volume (last session)40,900
Financials of Ruqi Mobility
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 5.73B HKD | -317.8M HKD | -288.4M HKD |
| 2024 | 2.67B HKD | -611.7M HKD | -520.3M HKD |
| 2023 | 2.39B HKD | -765.5M HKD | -670.6M HKD |
| 2022 | 1.59B HKD | -728.9M HKD | -663.5M HKD |
| 2021 | 1.22B HKD | -825.1M HKD | -858.8M HKD |
Balance sheet, profit and loss, cash flow and ratios of Ontime Logistics Solutions Private Limited are on its company page.
Detailed financial statements for Ruqi Mobility
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Ruqi Mobility
4 dated milestones of Ruqi Mobility across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Ruqi Mobility is founded.
- Funding First funding round of $152.6M.
- Funding Latest funding round, Series B, of $117.3M.
- IPO Lists on the stock exchange (IPO).
Web traffic of Ruqi Mobility
The website of Ruqi Mobility (ruqimobility.com) receives about 93.4K visits a month.
- Monthly visits93.4K
▼ 10.1% vs previous month
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Frequently Asked Questions about Ruqi Mobility
Ruqi Mobility was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Ruqi Mobility is headquartered in Guangzhou, China. It is registered at Guangzhou, Guangdong, China.
Ruqi Mobility is a funded company, having raised a total of $269.93M across 2 funding rounds to date. The company's 1st funding round was a Series A of $152.63M, raised on Apr 2022.
Annual revenue of Ruqi Mobility is $736.11M as on Dec 31, 2025.
AI-based platform providing ride-hailing services with electric fleet. Users can book rides by providing location, destination, user details, payment details, preferred dates, and more.
Yes, Ruqi Mobility is publicly traded on HKEX under the ticker symbol 9680.
Ruqi Mobility has 10 investors. Key investors include Pony.ai, WeRide, Sparx Group, GAC, and GAC Group.
Ruqi Mobility operates through Ontime Logistics Solutions Private Limited.
The legal entities of Ruqi Mobility currently have 2 directors, including Santosh Garg, Jyoti.