Baidu's affiliated funds and others have invested in Mifeng Technology, a subsidiary of Zhiyuan Robotics.
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Rilian Technology: The subscription of newly issued shares of QES Group Berhad by its wholly-owned subsidiary will not result in control of the company, and will not have a significant impact on the company's operating performance.
Mars Finance reported on July 5th that Rilian Technology issued a statement and risk warning regarding media reports. On July 5th, 2026, media outlets reported that a wholly-owned subsidiary of the company planned to use its own funds of RMB 73.2885 million to subscribe for 10% of the shares in a private placement of QES Group Berhad. This transaction involves the acquisition of a minority stake in the target company. After the transaction, the company will hold 9.1% of the target company's shares, which will not constitute control over the target company and will not have a significant impact on the company's operating performance. According to the Securities Times, QES Group is a main board listed company on the Malaysian Stock Exchange, primarily engaged in the manufacturing, sales, and related overall solution services of semiconductor and wafer inspection, testing, measurement, analysis, and automation equipment. Its main products include optical inspection systems (OIS), automated processing systems (AHS), and advanced metrology systems (AMS), with applications including wafer and device inspection, 2D and 3D vision inspection, and wafer surface and thickness measurement. Currently, QES Group's business network covers Southeast Asian countries, as well as China and the United States, and it has established a relatively stable customer base in the semiconductor, wafer, electronics, automotive, metal, scientific research, and other industrial inspection fields. (Wide-angle observation)
Tengjing Technology: Plans to invest 35 million yuan to establish a wholly-owned subsidiary, Tengjing Vision Technology (Kunshan) Co., Ltd., to accelerate the industrialization of its AR waveguide + optomechanical module business.
According to Mars Finance, Tengjing Technology (688195.SH) announced that, in order to further optimize resource allocation and integrate its AR (Augmented Reality) consumer optics business layout, and accelerate the industrialization of its AR waveguide + optomechanical module business, the company, after preliminary planning and on-site research, plans to invest RMB 35 million of its own or self-raised funds to establish a wholly-owned subsidiary, Tengjing Vision Technology (Kunshan) Co., Ltd., in Kunshan City. The company aims to seize the opportunity of global AI computing power growth and further improve the operational quality of its optical communication business. Based on its focus on core businesses, this investment aims to integrate R&D, production, and sales resources for AR consumer optics, achieving centralized and professional operation. The company focuses on the optical communication field, fully leveraging its strategic positioning in key segments of the "upstream crystal materials - midstream optical components/modules - downstream instruments and equipment" industry chain, seizing the opportunity of continued global AI computing power growth, promoting the continuous development and expansion of its core optical communication business, and further improving the company's operational quality. Based on its focus on core businesses, this investment in establishing a subsidiary in Kunshan aims to integrate R&D, production, and sales resources for AR consumer optics, achieving centralized and professional operation. Leveraging Kunshan's industrial support, locational advantages, and policy benefits, the investment will accelerate the industrialization of AR near-eye display optical modules, further improve the company's business layout, and enhance its sustainable development capabilities. (Cailian Press)
Since October of last year, hedge funds have once again concentrated their buying on technology stocks.
According to a chart posted on X by financial analysis website Barchart, based on Odaily of America data, hedge funds' purchases of technology stocks last week reached their highest level since October of last year.
Defu Technology: Plans to raise no more than 2.8 billion yuan through private placement for high-end electronic circuit AI copper foil project.
According to Mars Finance, Defu Technology (301511.SZ) announced that it plans to issue A-shares to specific targets, raising a total of no more than 2.8 billion yuan. After deducting issuance expenses, the funds will be used for the "50,000-ton AI copper foil project for high-end electronic circuits" and to supplement working capital. The AI copper foil project has a total investment of 2.25 billion yuan, with 1.98 billion yuan planned to be invested from the raised funds. It will be implemented by its wholly-owned subsidiary, Amber New Materials. Upon completion, the project will achieve an annual production capacity of 50,000 tons of high-end electronic circuit copper foil, including copper foil for FPCs, RTF, HVLP, and carrier copper foil, mainly used in AI servers, high-speed switches, optical modules, and other fields. This issuance is subject to approval by the company's shareholders' meeting, the Shenzhen Stock Exchange, and the China Securities Regulatory Commission. (Cailian Press)
Jiewat and others established a new technology company in Hangzhou with a registered capital of 10 million yuan.
Mars Finance reported on July 2nd that, according to Tianyancha App, Hangzhou Zhiwei Xinlian Technology Co., Ltd. was recently established. The legal representative is Wu Shengji, and the registered capital is 10 million RMB. Its business scope includes integrated circuit design, integrated circuit chip and product manufacturing, and artificial intelligence application software development. Shareholder information shows that the company is jointly held by Beijing Xingji Xinlian Technology Co., Ltd., Jiewatt Microelectronics (Hangzhou) Co., Ltd. (a subsidiary of Jiewatt (688246)), and Beijing Houpu Xinyuan Enterprise Management Co., Ltd. (Tianyancha)
Parallel Technology: Its wholly-owned subsidiary plans to lease GPU computing power resources worth no more than 166 million yuan.
Mars Finance reports that Parallel Technology announced that its wholly-owned subsidiary, Wuhan Parallel Intelligent Computing, plans to sign a procurement agreement with Xinjiang Yinfeng Intelligent Computing Power to lease GPU computing resources for a three-year term. The contract amount is expected to not exceed 166 million yuan. (Cailian Press)