Gate News message, April 20 — Kunlun Tech announced that its subsidiary Beijing Aijie Keixin Technology has completed a funding round raising 550 million yuan ($55 million). External investors contributed 450 million yuan for 11.1006% equity, while core management invested 100 million yuan for 2.4668% equity. The funding values Aijie Keixin at approximately 4.054 billion yuan ($405.4 million) post-investment.
New investors include Changxin Xinjuhe, a wholly-owned subsidiary of Changxin Technology Group, and Caixin Technology. The funding aims to strengthen capital reserves, accelerate AI chip business development, and prepare for the subsidiary’s potential independent listing.
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