Mercedes-Benz Invests RMB 1.342 Billion to Acquire Stake in Qianli Tech, Becoming Its Fifth-Largest Shareholder

[Capital Partnership] Mercedes-Benz has acquired a 3% stake in Qianli Tech for RMB 1.342 billion, officially becoming its fifth-largest shareholder.

⚡ Core Strategic Move: Mercedes-Benz Accelerates Localization of Intelligent Driving in China

Mercedes-Benz (Shanghai) Digital Technology Co., Ltd. acquired 136 million shares at RMB 9.87 per share, completing a strategic investment in Qianli Tech. This move signifies Mercedes-Benz’s deep integration into China’s intelligent driving ecosystem through capital alignment.

📊 Key Metrics: Synergies Begin to Emerge

Qianli Tech’s "Qianli Intelligent Driving 1.0" already supports end-to-end decision-making across all scenarios—from parking space to parking space—and its intelligent cockpit technology demonstrates strong synergy with Mercedes-Benz’s electric vehicle platforms. The company’s intelligent driving business revenue surged by 217% year-over-year in the first half of 2025, serving leading automakers including Geely and Zeekr.

💡 Industry Impact: Boosting Dual A+H Listing Strategy

Spurred by this investment, Qianli Tech submitted its IPO application to the Hong Kong Stock Exchange on October 17. If successful, the company will establish a dual A+H financing platform, reinforcing its dual-engine growth strategy in capital and technology within the AI + Mobility sector.