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% stake in Chinese intelligent driving company Qianli Technology for RMB 1.342 billion, becoming its fifth-largest shareholder.

⚡ Core Development: Mercedes-Benz Accelerates Intelligent Strategy in China

Mercedes-Benz (Shanghai) Digital Technology Co., Ltd. has completed the acquisition of 136 million shares of Qianli Technology via agreement transfer at a price of RMB 9.87 per share, amounting to a total transaction value of RMB 1.342 billion. The deal has been formally settled, securing its position as the fifth-largest shareholder.

🔍 Strategic Rationale: Strengthening Local Tech Ecosystem and High-End Collaboration

This investment is viewed as a pivotal move by Mercedes-Benz to deepen its R&D footprint in China for intelligent driving and smart cockpit technologies. The two parties have already initiated real-vehicle testing of Level 3 advanced driver-assistance systems (ADAS), with Qianli Tech’s “Qianli ADAS 1.0” platform achieving technical synergy with Mercedes-Benz’s electric vehicle architecture.

💡 Industry Impact: Boosting Qianli Tech’s Dual “A+H” Listing Strategy

Spurred by this strategic investment, Qianli Technology submitted its main board listing application to the Hong Kong Stock Exchange on October 17. According to its prospectus, the company’s intelligent driving business revenue surged 217% year-over-year in the first half of 2025, serving leading automakers including Geely and Zeekr.