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

[Capital Partnership] Mercedes-Benz has acquired a 3% equity 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 Technology

Mercedes-Benz (Shanghai) Digital Technology Co., Ltd. acquired 136 million shares via a negotiated 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 Lifan Holdings’ forced equity reduction due to debt issues, enabling Mercedes-Benz to strengthen its local intelligent technology supply chain in China.

📊 Key Metrics: Synergies Accelerate Commercialization

Qianli Tech’s full-stack “AI + Mobility” solution already serves automakers including Geely and Zeekr. In the first half of 2025, its intelligent driving business revenue surged 217% year-over-year. Joint development of an L3-level advanced driver assistance system (ADAS) has already entered real-vehicle testing.

💡 Industry Impact: Boosts Dual A+H Capital Strategy

Spurred by this strategic investment, Qianli Tech submitted its main board listing application to the Hong Kong Stock Exchange on October 17. If successful, it will establish a dual “A+H” financing platform, enhancing its competitiveness in the premium intelligent electric vehicle segment.