Shangqi Capital Portfolio Financing Update

Shangqi Capital released a Portfolio Financing Update, presenting its positioning and investment layout as a private equity investment institution under SAIC Investment Holdings, the industrial finance investment platform of SAIC Motor. Shangqi Capital was registered and established in 2012 and completed market-oriented restructuring in 2017. It has cumulative assets under management of 55.6 billion yuan and focuses on investing in the automotive industry ecosystem, extending into fields such as embodied intelligence, AI computing power, and quantum computing. It has invested in more than 270 companies, including LimX Dynamics, 39 of which have successfully listed.