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 Development: Global Automaker Deepens Ties with Local Intelligent Driving Technology

Mercedes-Benz (Shanghai) Digital Technology Co., Ltd. completed a strategic investment in Qianli Tech by acquiring 136 million shares at RMB 9.87 per share through an agreement-based transfer. This transaction stems from the original shareholder Lifan Holdings being forced to reduce its stake due to debt issues, enabling Mercedes-Benz to accelerate its intelligent mobility strategy in China.

📊 Key Metrics: Synergies Emerge, IPO Process Accelerates

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 filed an application for a main board listing on the Hong Kong Stock Exchange on October 17, aiming to establish a dual “A+H” capital platform.

🔍 Strategic Foundation: Strengthening Local Tech Ecosystem to Advance L3 Deployment

The Mercedes-Benz Shanghai Digital R&D Center focuses on autonomous driving and intelligent cockpits, creating technological synergy with Qianli Tech’s “Qianli ADAS 1.0” platform. Jointly developed L3-level advanced driver-assistance systems have already entered real-vehicle testing phases.