# Boonray Technology: company

Canonical ID: `ca461eaf-91a2-42f5-a37e-f684fd288ac4`

## Key facts

- **BYD investment:** RMB 100M (~$14.4M) strategic investment, Jan 2026
- **Key investor:** BYD (4.4M investment)
- **Key product:** BLEB145A1 autonomous battery-swapping electric mining truck
- **Partnership:** Vale Indonesia (cooperation deal, testing completed)
- **Technology:** 5G + smart mine solution, remote drilling
- **CEO:** Hu Xinyi (Founder & Chairman)
- **CTO:** Yangyang Yang (Co-founder, PhD Robotics SJTU)
- **Employees:** 201-500
- **Deployments:** 30+ mining projects across China
- **Fleet size:** 1000+ electric mining trucks in operation
- **Key deployment:** Luoyang Molybdenum (30 trucks, first commercialization 2019)
- **Revenue:** ~100M yuan (company-reported, historical)
- **Technical advisor:** Prof. Cao Qixin (SJTU Intelligent Robotics Lab founder)

- **Slug:** boonray
- **Founded:** 2015
- **HQ:** Shanghai, China
- **Funding total (USD):** 28800000

## Models

- [Boonray BLEB145A1 Driverless Mining Truck](/models/boonray-bleb145a1.md) (truck) (id: `70149a53-2f9f-43a3-872f-f0cf05a1be9c`)

## Current leadership (2)

- [Hu Xinyi](/people/hu-xinyi.md) Founder & CEO (_reported, not verified_)
- [Yangyang Yang](/people/yangyang-yang.md) Co-founder & CTO (_reported, not verified_)

## Founders (2)

- [Hu Xinyi](/people/hu-xinyi.md) (cofounder)
- [Yangyang Yang](/people/yangyang-yang.md) (cofounder)

## Partnerships (2)

- [Boonray x LGMG](/partnerships/boonray-x-lgmg.md) with LGMG _manufacturing_
- [Boonray x BYD](/partnerships/boonray-x-byd.md) with BYD _investment_

## Supplies to

_No verified supply relationships on file. Supply-chain coverage is being added across the registry; check back as the seed populates this company's outbound edges._

_Outbound supply edges. Each appears when verified with at least two strong sources. Sources are append-only; corrections add new sources rather than rewrite history._

## Sources (1)

1. https://im-mining.com/2026/01/29/byd-invests-over-us144-million-in-electric-and-autonomous-mining-truck-company-boonray/

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