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 Qianli Tech 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 a negotiated transfer at a price of RMB 9.87 per share, completing a strategic investment in Qianli Tech. This transaction originated from the passive reduction of holdings by former shareholder Lifan Holdings due to debt issues, enabling Mercedes-Benz to enter China’s high-end intelligent driving sector.

📊 Key Metrics: Synergies Emerge, Business Growth Surges

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 Intelligent Driving 1.0” supports end-to-end autonomous decision-making from parking space to parking space, creating technical synergy with Mercedes-Benz’s electric vehicle platforms. Its Level 3 advanced driver assistance system has already entered real-vehicle testing.

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

Spurred by this strategic 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” financing platform, reinforcing its dual-engine advantage in both capital and technology within the intelligent driving sector.