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 Development: Global Automaker Deepens Ties with Local Intelligent Driving Firm

Mercedes-Benz (Shanghai) Digital Technology Co., Ltd. has completed a strategic investment in Qianli Tech by acquiring 136 million shares via agreement transfer at a price of RMB 9.87 per share. This transaction stems from the original shareholder, Lifan Holdings, being forced to reduce its stake due to debt issues, enabling Mercedes-Benz to accelerate its intelligent mobility strategy in China.

📊 Key Metrics: Dual Drivers of Technological Synergy and Business Growth

Qianli Tech’s “AI + Mobility” solutions already serve automakers including Geely and Zeekr. In the first half of 2025, its intelligent driving business revenue surged 217% year-over-year. The company’s “Qianli AD 1.0” system supports end-to-end autonomous decision-making across all scenarios—from parking space to parking space—and demonstrates strong technological synergy with Mercedes-Benz’s electric vehicle platforms. Level 3 advanced driver-assistance systems have already entered real-vehicle testing phases.

💡 Industry Impact: Accelerating the Formation of an A+H Dual-Capital Structure

Boosted by this investment, Qianli Tech submitted its main board listing application to the Hong Kong Stock Exchange on October 17. If successful, the company will establish a dual “A+H” capital-raising platform, significantly strengthening its competitiveness in the premium intelligent driving segment.