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 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, completing a strategic investment in Qianli Tech. This transaction stems from the disposal of shares previously held by Lifan Holdings, which defaulted on its debt obligations; proceeds from the sale are being used to repay pledged repurchase debts.

📊 Key Metrics: Intelligent Driving Business Surges

Qianli Tech’s intelligent driving business revenue surged 217% year-over-year in the first half of 2025. Its "Qianli ADAS 1.0" system now supports end-to-end autonomous decision-making across all scenarios—from parking space to parking space—and is undergoing real-vehicle testing for Level 3 advanced driver assistance in collaboration with Mercedes-Benz’s electric vehicle platform.

💡 Industry Impact: Accelerating Dual A+H Capital Strategy

With Mercedes-Benz’s endorsement, Qianli Tech has expedited its Hong Kong IPO process and submitted its main board listing application on October 17. The company is poised to establish a dual A+H share financing platform, further solidifying its position as a leading provider of full-stack AI + Mobility solutions.