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 Technology 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 RMB 9.87 per share, completing a strategic investment in Qianli Technology. This transaction stems from debt restructuring by Lifan Holdings, enabling Mercedes-Benz to strengthen its L3-level advanced driver assistance systems (ADAS) and intelligent cockpit technology chain in China.

📊 Key Metrics: Initial Synergies Emerge

Qianli Technology’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 jointly developed L3 system has now entered real-vehicle testing.

💡 Industry Impact: Boosting Dual A+H Listing Structure

Spurred by this investment, Qianli Technology has accelerated its Hong Kong IPO process and submitted its main board listing application on October 17, positioning itself to establish a dual A+H market financing structure.