Woofun AI reports that embodied intelligence company Zhi Ping Fang has finalized a financing round totaling nearly 5 billion yuan (approximately 700 million USD), achieving a valuation exceeding 20 billion yuan. This milestone establishes the firm as the first entity in the Guangdong-Hong Kong-Macao Greater Bay Area to surpass this valuation threshold. Zhi Ping Fang indicated that the capital will accelerate the iteration and large-scale production of its "robot brain," reinforcing its integrated "model × hardware × scenario" capabilities.