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% equity stake in Qianli Technology 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 via an agreement transfer at a price of RMB 9.87 per share, amounting to a total transaction value of RMB 1.342 billion. This investment stems from debt restructuring involving Lifan Holdings, enabling Mercedes-Benz to strengthen its intelligent driving technology chain in China.

📊 Key Metrics: Initial Synergies Emerge

Qianli Tech’s "Qianli IntelliDrive 1.0" system has achieved end-to-end autonomous decision-making from parking space to parking space. Its intelligent cockpit system demonstrates technical synergy with Mercedes-Benz’s electric vehicle platform, and joint development of Level 3 advanced driver assistance systems (ADAS) has entered real-vehicle testing phases. The company reported a 217% year-over-year surge in intelligent driving business revenue in the first half of 2025.

💡 Industry Impact: Catalyzing a Dual "A+H" Capital Structure

Spurred by this strategic investment, Qianli Technology submitted its main board listing application to the Hong Kong Stock Exchange on October 17. If successful, the company will establish a dual fundraising platform in both Shanghai (“A-share”) and Hong Kong (“H-share”), further solidifying its position as a leading provider of full-stack AI + Mobility solutions.