Mercedes-Benz Invests RMB 1.34 Billion to Acquire Stake in Qianli Tech, Becoming 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 Luxury Brand Deepens Ties with Local Intelligent Driving Enterprise

Mercedes-Benz (Shanghai) Digital Technology Co., Ltd. acquired 136 million shares of Qianli Tech via a private agreement at a price of RMB 9.87 per share, securing a 3% ownership stake. This transaction originated from debt default by former shareholder Lifan Holdings, prompting the pledgee to initiate asset disposal, through which Mercedes-Benz completed the acquisition.

🔍 Strategic Rationale: Strengthening China's Local Intelligent Technology Ecosystem

Mercedes-Benz Digital Technology is a wholly owned subsidiary of Mercedes-Benz in China, focusing on R&D in autonomous driving and smart cockpit technologies. Qianli Tech’s "Qianli ADAS 1.0" platform already enables end-to-end decision-making across all scenarios—from parking space to parking space. The two companies’ Level 3 advanced driver-assistance systems have entered real-vehicle testing phases, demonstrating significant technological synergy.

💡 Industry Impact: Accelerating Dual A+H Capital Strategy

Spurred by this strategic investment, Qianli Tech submitted its IPO application to the Hong Kong Stock Exchange on October 17. Its "AI + Mobility" solutions already serve automakers including Geely and Zeekr, with intelligent driving business revenue surging 217% year-over-year in the first half of 2025.