GuShiio.com ① State Financial Supervision Administration: The pilot will relax loans in the M & A transaction volume of technology companies to “no higher than 80%”;
② Shenzhen released an action plan for AI terminals + embodied intelligent robots;
③ Beijing: Explore pre-setting 5G modules in humanoid robots.
Important news on investment and financing in the hard technology field last week included: State Financial Supervision Administration: Pilot relaxation of loans in M & A transactions of technology companies to “no higher than 80%”; Shenzhen released an action plan for AI terminals + embodied intelligent robots; Beijing: Explore pre-setting 5G modules in humanoid robots.
》》Policy
State Council: Increase equity financing support for technology-based enterprises that break through core technologies
The General Office of the State Council issued guidance on doing a good job in the “five major articles” of finance. The opinion proposes to establish and improve a “green channel” mechanism for listing financing, mergers and acquisitions, and increase equity financing support for technology-based enterprises that break through key core technologies. Optimize the “fundraising, investment, management and withdrawal” institutional system for private equity and venture capital funds, and guide social capital to increase its investment layout in key areas of finance’s “five major articles”. Increase efforts to activate the M & A market and support efficient integration and reorganization in the fields of science and technology and green industries. Regularly promote the issuance of real estate investment trust funds in the field of infrastructure for qualified projects in clean energy, elderly care, new infrastructure and other fields.
State Financial Supervision Administration: Supporting the development of technology enterprises pilot projects will relax loans from “should not exceed 60%” to “should not exceed 80%” of corporate M & A transactions
The State Administration of Financial Supervision recently organized a pilot work to moderately relax the policy for M & A loans for technology companies, focusing on the outstanding issues reported by technology companies, and piloting the pilot to moderately relax some provisions of the “Guidelines for Risk Management of M & A Loans for Commercial Banks” to support the development of technology companies. For “controlling” mergers and acquisitions, the pilot will relax the loan term from “no more than 60%” to “no more than 80%” of the M & A transaction volume, and relax the loan term from “generally no more than seven years” to “generally no more than ten years.”
Shenzhen releases AI terminal + embodied intelligent robot action plan
On March 3, the Shenzhen Municipal Bureau of Industry and Information Technology released the “Shenzhen Action Plan to Accelerate the Development of the Artificial Intelligence Terminal Industry (2025-2026)”. Among them, the goal is that by 2026, the core competitiveness of Shenzhen’s artificial intelligence terminal industry will be further enhanced, the “depth of inclusion” of products will be further enhanced, and the industrial ecology will continue to be enriched. Specifically, the goals include that by then, the scale of Shenzhen’s artificial intelligence terminal industry will reach more than 800 billion yuan, strive to 1 trillion yuan, gather no less than 10 phenomenal artificial intelligence terminal companies, and the output of artificial intelligence terminal products will exceed 150 million units; More than 50 popular artificial intelligence terminal products have been launched in mobile phones, computers, large model all-in-one machines, wearable devices and other fields, and more than 60 typical artificial intelligence terminal applications have been created in intelligent manufacturing, smart finance, smart cities, smart elderly care, smart government and other fields. Scenes.
On the same day, the Shenzhen Municipal Science and Technology Innovation Bureau released the “Shenzhen Municipal Action Plan for Technological Innovation and Industrial Development of Personalized Intelligent Robot (2025-2027)”. It mentioned that by 2027, Shenzhen will make breakthroughs in key core components of robots, AI chips, artificial intelligence and robot fusion technology, multimodal sensing technology, high-precision motion control technology, and smart operation technology. Specifically, the goals include that Shenzhen will cultivate more than 10 new companies with a valuation of over 10 billion yuan, more than 20 companies with revenue of over 1 billion yuan, achieve the implementation of more than 50 billion-level application scenarios, and reach the scale of related industries to 100 billion yuan. Above, there are more than 1200 companies related to the specific intelligent robot industry cluster. Create a public service platform matrix, attract more upstream and downstream enterprises, scientific research institutions, innovation teams, etc. to join, form a more complete industrial ecology, and the comprehensive strength of the intelligent robot industry has reached the international leading level.
Beijing: Promote the development and application of 5G-based intelligent robots and explore pre-setting 5G modules in humanoid robots
“Beijing City’s 5G Large-scale Application” Sailing “Action Upgrade Plan (2025-2027)(Draft for Comments)” publicly solicited opinions. It mentioned promoting the research and development and application of smart robots, smart Mobile device, cloud devices, etc. based on 5G, and encouraging the innovative development of XR business systems, naked-eye 3D, smart wearables, smart home and other products integrated with 5G. Promote “5G boarding”, encourage cars to install 5G communication modules in front of them, and help improve the quality of intelligent connected cars and intelligent cabins. Explore the pre-positioning of 5G modules in humanoid robots, strengthen the collaborative adaptation capabilities of humanoid robots and the 5G industrial Internet, promote the large-scale application of humanoid robots with 5G communication capabilities in high-end manufacturing scenarios and consumer service scenarios, enrich systematic solutions, and expand New manufacturing models such as human-machine collaboration and flexible production.
Hangzhou: Carry out a survey of local supporting suppliers for Alibaba Group’s cloud and AI investment plans
The reporter learned that according to the requirements of the “Notice on Mapping Local Supporting Suppliers for Alibaba Group’s Cloud and AI Investment Plan” by the Hangzhou City Economic and Information Technology Bureau, Yuhang District of Hangzhou City is now identifying local supporting suppliers and core products that intend to participate in Alibaba Group’s major cloud and AI investment plan. The scope of the survey is software and hardware product providers registered in Yuhang District and interested in participating in Alibaba Group’s cloud and AI ecosystem construction.
》》Primary market
Alibaba, China Merchants Venture Capital and other institutions participated in the A series of financing of Zhuji Power
Zhuji Power recently completed Series A+ financing, and completed a total of 500 million yuan in Series A financing in half a year. Many old shareholders continue to invest. Strategic industry investors include Alibaba Group, China Merchants Venture Capital, Shangqi Capital, Weilai Capital, Lenovo Venture Capital, Bianera, and Naaisi Group. Well-known financial investors include Gaojie Capital, Oasis Capital, Mingshi Venture Capital, Fengrui Capital, and Nanshan Zhanxin Investment. According to Cailian Venture Capital Connect-Implementation Data, with March 2025 as the forecast benchmark time, the company’s financing forecast probability in the next two years is 89.14%.
Accelerate the layout of recyclable rockets Deep Blue Aerospace completes nearly 500 million yuan in B4 financing
Recently, Deep Blue Aerospace completed its B4 round of financing with a total scale of nearly 500 million yuan. This round of financing is led by Tai ‘an Yuanwang New Energy Industry Investment Fund Partnership (Limited Partnership), a subsidiary of Taishan Industrial Development Investment Group. The funds will focus on the research and development and commercialization of the “Xingyun” series of recyclable liquid rockets, in cooperation with Tai’ an Aerospace The industrial cluster has formed a synergistic effect and further consolidated Deep Blue Aerospace’s technology in the field of recycling and reusing commercial launch vehicles.
Smart Square completes hundreds of millions of yuan in Pre-A + round of financing
Recently, Zhifang (Shenzhen) Technology Co., Ltd. completed hundreds of millions of yuan in Pre-A+ round of financing. The investors in this round are Yunqi Capital, SDIC Chuangying, and Dunhong Assets. Smart Square is a RoboService company established in April 2023. It focuses on the development and production of universal intelligent personified terminals, providing full-scene and highly reliable services. The company continues to launch a number of innovative technologies, including general spatial sensing technology, large-scale model scene-based technology, end-to-end VLA large models, etc. This round of financing will be used to increase R & D investment, market expansion and team building. According to Cailian Venture Capital Connect-Implementation Data, with March 2025 as the forecast benchmark time, the financing forecast probability for the next two years is 65.08%.
Bearing angle completed nearly 100 million yuan in Series A financing
Shanghai Azimuth Data Technology Co., Ltd. recently completed Series A financing, with a total financing amount of nearly 100 million yuan. This round of financing was led by China Bing Beidou Applied Research Institute, followed by Shenzhen Venture Capital and Ruihe Assets. The Beidou Applied Research Institute, a leading investor, is the “national team” for Beidou’s industrial application and promotion. It will assist in technology research and development, market expansion, standard formulation, and industrial chain integration. Shenzhen Venture Capital is an angel investor in azimuth and continues to follow suit.
Yiyou Technology announced the completion of RMB 50 million in Series A financing from Pudong’s state-owned assets
Recently, Yiyou Technology, a manufacturer of humanoid robot core joint modules, completed a Series A financing of RMB 50 million. This round of financing is jointly led by Pudong Angel Fund, a subsidiary of Pudong Venture Capital Group, and Zhangke Yaokun Fund, a subsidiary of Zhangjiang Science Investment. TCL Venture Capital, Daosheng Capital, and Jinshi Venture Capital, a subsidiary of Tin Venture Capital, will follow the investment. The financing funds will be mainly used for core technology research and development and production capacity expansion. After the financing, the main body of the company will be officially changed to Shanghai Yiyou Intelligent Control Technology Co., Ltd. and moved to Shanghai Zhangjiang Robot Valley.
Fuxuan Technology completes tens of millions of yuan in angel + round of financing
Recently, Hefei Fuxuan Automation Technology Co., Ltd. announced that it has completed tens of millions of yuan in angel + round financing, with Ida Capital as the investor in this round. This round of financing funds will be used to increase R & D investment, further expand the market and upgrade the team. Fuxuan Technology is an automated equipment manufacturer, mainly engaged in the research and development, manufacturing and integration of wet processing equipment and chemical systems. It provides wet equipment, chemical etching and cleaning equipment for silicon wafers; semiconductor equipment parts cleaners, abrasive fluid delivery systems and various high-purity chemical mixing, filling systems and other products. Since its establishment, the company has completed multiple rounds of financing, among which the angel round of financing was also participated by Ida Capital. According to Cailian Venture Capital Connect-Implementation Data, with March 2025 as the forecast benchmark time, the financing forecast probability for the next two years is 81.45%.
》》Secondary market
Guangfeng Technology: Received development targets from international head car companies
Guangfeng Technology (688007.SH) announced that the company has recently received a development notice from an international core car company (referred to as the “customer”). The company has become its supplier of in-vehicle optical components, supplying it exclusively with front equipped smart cockpit products, and the products are configured in a global series of models. As of now, the company has obtained a total of 13 in-vehicle business fixed points; among them, 3 fixed points have been obtained in 2025, and the in-vehicle business has maintained a healthy and rapid development trend.
Saiwei: Controlling shareholder acting in concert plans to increase its shares in the company
Saiweidian (688325.SH) announced that Zhuhai City Juhe Investment Partnership (Limited Partnership), the company’s controlling shareholder and actual controller, plans to increase its shares in the company through centralized bidding transactions through the Shanghai Stock Exchange trading system with special bank loans and self-raised funds within 12 months from the date of disclosure of this announcement. The increase amount shall not be less than RMB 11.5 million (inclusive), and no higher than RMB 23 million (inclusive). The increase plan does not involve a tender offer and will not lead to changes in the company’s controlling shareholder and actual controller.
Kangxi Communications: Shareholder Pan Bin plans to reduce the company’s shares by no more than 3%
Kangxi Communications (688653.SH) announced that due to his own capital needs, shareholder Pan Bin plans to reduce his holdings through centralized bidding and/or block transactions within 3 months after 15 trading days from the disclosure date of this reduction plan announcement. The company’s shares will not exceed 12,734,400 shares, accounting for 3% of the company’s total share capital. The reduction price is determined according to the market price.
Mai Xinlin: Shareholders plan to reduce their shares in the company by no more than 2% in total
Maixinlin (688685.SH) announced that shareholder Yili Suxin and its concerted action Renfengfeng Investment plan to reduce their holdings by a total of 2.9085 million shares due to their own operating needs, which will not exceed 2% of the company’s share capital.
Ai Wei Electronics: Directors and senior managers prematurely terminated the reduction plan
Aiwei Electronics (688798) announced that recently, the company received the “Notification Letter on the Result of Share Reduction” issued by director Guo Hui and director and co-general manager Lou Shengbo. As of March 5, director Guo Hui had reduced the company’s shares through centralized bidding. 570,000 shares, accounting for 0.245% of the company’s total share capital, and the reduction plan was terminated early; As of March 5, director and co-general manager Lou Shengbo had reduced his holdings of the company’s shares by 318,900 shares through centralized bidding, accounting for 0.137% of the company’s total share capital, and terminated the reduction plan ahead of schedule. Directors Guo Hui and Lou Shengbo originally planned to reduce their shares in the company by 0.26% and 0.15% respectively.
Wasion Information: Won the bid for the 27.8417 million yuan State Grid Procurement Project
Wasion Information (688100.SH) announced that the company won the bid for the first material public bidding procurement project of State Grid Hunan Province Electric Power Co., Ltd. in 2025, with a winning bid amount of 27.8417 million yuan, accounting for 1.01% of the company’s audited total operating income in 2024.
