On August 14th, Shandong high speed credit union Technology Co., Ltd. (hereinafter referred to as "credit union Technology") has completed 280 million yuan A round of financing, which is funded by ant gold service, Jinyi technology and WAN Ji technology.

According to public information, trust technology was founded in July 2019. It is a data science and technology innovation platform built by Shandong high speed group on the basis of ETC. The company takes intelligent transportation and logistics finance as its main business, and has certain advantages in the field of ETC distribution, freight supply chain finance and Internet refueling.

Xin Lian technology said that the introduction of ant gold clothing and other strategic investments is an innovation and breakthrough for Xin Lian technology company to further promote the reform of state-owned enterprises. Next, the company will integrate all shareholders' institutional mechanisms and resources advantages, vigorously cultivate new energy, develop new formats, and continuously enhance the company's innovation ability and market competitiveness.

The media noted that the current ETC industry is developing vigorously, benefiting from the promotion of national level policies. In early July of this year, Alipay under the ant's golden clothing announced the on-line ETC online business. Earlier this month, Alipay further worked with China Construction Bank to reach a strategic cooperation on ETC development. The two sides formally promoted the ETC signing service.