Baiweitech Increases Investment in Edge AI Firm by 20M Yuan on May 26

According to an announcement on May 26, Baiweitech and its affiliates including subsidiary Hainan Nanbai Suan, Xu Linxian, and He Han plan to invest a combined 20 million yuan in Beijing Xingyun Integrated Circuit Co., Ltd. Baiweitech's subsidiary will invest 10 million yuan to acquire 1.7141% equity; Xu Linxian will invest 5.95 million yuan for 0.6387% stake; He Han will invest 4.05 million yuan for 0.7570% stake. The investment will use the company's own or self-raised funds.
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