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 Localization of Intelligent Driving in China

Mercedes-Benz (Shanghai) Digital Technology Co., Ltd. acquired 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 share transfer registration has been completed, officially making Mercedes-Benz the fifth-largest shareholder of Qianli Technology.

📊 Key Metrics: Intelligent Driving Business Surges

According to the prospectus, Qianli Technology’s intelligent driving business revenue in the first half of 2025 increased by 217% year-over-year. Its full-stack “AI + Mobility” solution already serves automakers including Geely and Zeekr, and is conducting real-vehicle testing of L3-level advanced driver assistance systems on Mercedes-Benz’s electric vehicle platform.

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

Spurred by this strategic investment, Qianli Technology submitted its main board listing application to the Hong Kong Stock Exchange on October 17. If successful, the company will establish a dual-market financing structure across both A-share and H-share markets, strengthening its high-end intelligent technology collaboration ecosystem.