①The Ministry of Industry and Information Technology (MIIT) is soliciting public opinions on the related requirements for mixed driving help in clever linked autos; ②Figure AI’s newest valuation might attain US$40 billion; ③NVIDIA invests in robotics startup Dyna Robotics.
Key developments in laborious know-how funding and financing this week embrace: The Ministry of Industry and Information Technology (MIIT) is soliciting public opinions on the related requirements for mixed driving help in clever linked autos; Figure AI’s newest valuation might attain US$40 billion; NVIDIA invests in robotics startup Dyna Robotics.
》》 Policy
The Ministry of Science and Technology: Promoting the accelerated deployment and utility of humanoid robots in situations resembling car manufacturing, logistics dealing with, and energy inspection.
Yin Hetun, Minister of Science and Technology, acknowledged that breakthroughs have been achieved in humanoid robotic system integration applied sciences. Significant progress has been made in key applied sciences resembling multimodal notion and brain-cerebellum fashions, selling deep integration with embodied intelligence. This development is accelerating the utility of humanoid robots in situations resembling car manufacturing, logistics dealing with, and energy inspection, laying a stable basis for the growth of a future trillion-dollar business. In the area of brain-computer interfaces, paralyzed sufferers have begun to face and stroll, and blind people have regained mild sensitivity. Domestically produced mind pacemakers have achieved full industrial use, with implants performed in 400 hospitals throughout eight international locations. Clinically, they’ve helped 30,000 Parkinson’s illness sufferers enhance motor perform, turning into a brand new engine for high-quality growth in inhabitants well being.
The Ministry of Industry and Information Technology (MIIT) is soliciting public opinions on obligatory requirements for mixed driving help programs in clever linked autos.
The Ministry of Industry and Information Technology (MIIT) has publicly solicited opinions on the obligatory nationwide normal ‘Intelligent Connected Vehicles – Safety Requirements for Combined Driving Assistance Systems.’ Experts acknowledged that this may additional solidify the security baseline for the growth of China’s clever linked automobile business. The draft launched this time establishes a security baseline for clever linked automobile merchandise, requiring that programs can solely be activated below their designed working situations. It units complete security know-how necessities, together with human-machine interplay, useful security and anticipated useful security, data safety, and knowledge recording, tailor-made to totally different capabilities resembling single-lane, multi-lane, and pilot-assisted driving, establishing a ‘three-layered security assure.’ Reporters famous that the draft mentions that the normal requires programs to have hand-off and gaze-off detection capabilities. If the driver’s palms or gaze go away the required place whereas the system is activated, the system ought to difficulty alerts and warnings, and controllably exit the activation state if the driver fails to answer the system’s alerts promptly. Experts acknowledged that the normal imposes larger necessities for driving security in clever linked autos and is deliberate to be formally launched subsequent yr.
Henan: Accelerate the building of core nodes of the nationwide supercomputing web and the Henan Airport Intelligent Computing Center.
The General Office of the Henan Provincial People’s Government has issued the ‘Action Plan for Accelerating Artificial Intelligence Empowerment of New Industrialization in Henan (2025–2027).’ The plan emphasizes bettering computing energy and community infrastructure. It requires deeper integration into the nationwide unified computing community, accelerating the building of core nodes of the nationwide supercomputing web, the Henan Airport Intelligent Computing Center, and selling regional coordination of computing sources. Enterprises are inspired to construct 5G totally linked factories, compete for top-level nodes in the nationwide industrial web identifier decision system, and expedite the building and utility promotion of secondary nodes.
Suzhou Releases ‘AI+’ City Action Plan
The ‘Suzhou Action Plan for Accelerating the Construction of an AI+ City (2025-2026)’ together with three analysis pointers and group requirements have been formally applied and launched. The plan proposes that by the finish of 2026, Suzhou can have over 3,000 synthetic intelligence enterprises, with the core scale of the clever economic system business rising by greater than 20% yearly. Efforts might be made to advertise enterprises to guide or take part in the formulation of worldwide and nationwide requirements, forming standardized work programs in areas resembling high-quality datasets, AI-native enterprises, and progressive platforms. Significant achievements might be made in the building of AI utility pilot bases.
》》IPO
Origin Quantum Computing Technology has initiated IPO tutoring and is planning to checklist on the STAR Market.
Origin Quantum Computing Technology (Hefei) Co., Ltd. has obtained registration for IPO tutoring with the intention of conducting an A-share IPO. The tutoring establishment is CITIC Securities. The firm is engaged in the analysis and growth of quantum pc programs, quantum chips, quantum software program, and cloud platforms. The STAR Market Daily realized completely from knowledgeable sources that Origin Quantum plans to checklist on the STAR Market.
》》Primary Market
Figure AI in Talks for Series C Funding Round with Valuation Potentially Reaching $40 Billion
Figure AI, a humanoid robotics firm, is presently in discussions for its Series C funding spherical, in search of to lift between $1 billion and $2 billion from traders, together with particular goal autos (SPVs), at a valuation of $40 billion. This valuation surpasses its earlier valuation of $2.6 billion from a yr in the past by greater than 15 occasions. According to knowledgeable sources, Figure AI has already obtained time period sheets reflecting this valuation.
NVIDIA Invests in Robotics Startup Dyna Robotics
Dyna Robotics (Dana Smart), a robotics startup, introduced in the present day the completion of its Series A funding spherical value US$120 million (roughly RMB 850 million). Following this spherical of financing, the firm’s valuation exceeded US$600 million (roughly RMB 4.27 billion). Industry giants NVIDIA, Amazon, Samsung, and LG participated on this financing. Specific traders included Robostrategy, an funding fund specializing in robotics, CRV, and First Round Capital as lead traders, with participation from Salesforce Ventures, NVIDIA, Amazon, Samsung, and LG Technology Ventures.
Xin Shi Jie Microelectronics has accomplished a C+ spherical of financing value a number of hundred million yuan.
Recently, VisionIC Microelectronics, an organization with chip-level optoelectronic conversion system design capabilities, accomplished a C+ spherical of financing value a whole lot of thousands and thousands of yuan. This spherical was led by China Reform Fund, with participation from Nanjing Venture Capital Group and Jushi Ventures. Founded in 2018, VisionIC Microelectronics makes a speciality of ToF sensing chips based mostly on single-photon detection, extensively utilized in client electronics, AR/VR, sensible houses, and autonomous driving LiDAR fields. The firm had beforehand obtained a number of rounds of funding from well-known establishments resembling Sequoia China, Shanghai Science and Technology Innovation Fund, BYD, and Huawei’s Hubble Investment. According to the knowledge from Cailian Press VC-Link—Zhi Zhong Data, with September 2025 as the forecast base time, the likelihood of financing in the subsequent two years is 94.69%.
Shengshu Technology Completes Series A Financing Round Worth Hundreds of Millions of Yuan
Recently, Shengshu Technology accomplished a brand new Series A financing spherical value a whole lot of thousands and thousands of RMB. This spherical was led by Bohua Capital, with continued investments from current shareholders together with Baidu Strategic Investment, Beijing Artificial Intelligence Industry Investment Fund, Qiming Venture Partners, Daitai Capital, and BV Baidu Ventures. Industrial companions resembling C&D Emerging Investment additionally elevated their investments on this spherical.
Panmeng Semiconductor Completes Nearly RMB100 Million in Series A Financing
Recently, Panmeng Semiconductor, a semiconductor-grade silicon wafer R&D and manufacturing firm, accomplished an almost hundred-million-yuan Series A financing spherical. This spherical was led by Galaxy Capital, with participation from Qingling Capital. Founded in 2021, Panmeng Semiconductor focuses on the R&D and manufacturing of semiconductor-grade silicon wafers, with fundamental merchandise protecting lapped wafers, etched wafers, and polished wafers. Core applied sciences are concentrated in crystal development and sprucing processes. The proceeds from this spherical might be used for manufacturing line enlargement and technological iteration. According to knowledge from Cailian She Venture Pass – Zhong Data, utilizing September 2025 as the forecast baseline, the likelihood of subsequent financing inside the subsequent two years is predicted to be 31.27%.
Teable Secures Multi-Million-Dollar Angel Round Financing
Recently, Teable, an AI-driven multidimensional desk database developer below Shenzhen Xiaochazhuo Information Technology Co., Ltd., accomplished a multi-million-dollar angel spherical of financing. This spherical was collectively invested by Zhen Fund, BV Baidu Ventures, and Vertex Ventures. Teable builds an enterprise-grade no-code database based mostly on PostgreSQL, enabling speedy utility growth by means of a spreadsheet interface whereas supporting AI integration and real-time collaboration. Recently, it launched its AI Database Agent (Teable 2.0), which options conversational database creation, utility technology, and automated workflow capabilities. The firm focuses on reducing the threshold for knowledge functions and bettering enterprise knowledge processing effectivity.
》》Secondary Market
Amlogic Announces Plan to Acquire 100% Equity of CoreMax Micro Semiconductor for RMB 316 Million
Amlogic Holdings (688099.SH) introduced that the firm plans to accumulate 100% fairness in CoreWave Micro Semiconductor (Jiaxing) Co., Ltd. by means of a money transaction, with a complete acquisition worth of RMB 3.16 billion. Upon completion of the transaction, CoreWave Micro will grow to be a wholly-owned subsidiary of the firm and be consolidated into its monetary statements. The goal firm possesses in depth technical experience and a complete vary of merchandise and options in the Internet of Things (IoT), automobile networking, and cell clever terminal sectors. Through this acquisition, the firm goals to ascertain a multi-dimensional communication know-how stack and product portfolio encompassing ‘mobile communication + optical communication + Wi-Fi,’ in the end forming a singular and aggressive AIoT answer centered round ‘endpoint intelligence + computing energy + communication,’ supported by built-in {hardware} and software program capabilities for varied situations.
Puya Semiconductor: Plans to accumulate majority stake in high-performance 2D NAND reminiscence chip firm SHM.
Puya Semiconductor (688766.SH) introduced that it’s planning to accumulate a controlling stake in its investee firm, Zhuhai Noah Changtian Storage Technology Co., Ltd., by means of a money transaction. This is anticipated to attain management over the goal firm, thereby not directly gaining management of SkyHigh Memory Limited. The goal firm holds 100% fairness in SHM. SHM is a semiconductor enterprise registered in Hong Kong, China, specializing in offering high-performance 2D NAND and by-product storage merchandise (SLC NAND, eMMC, MCP) and options for mid-to-high-end functions. Its core competencies embrace firmware algorithm growth, storage chip testing options, built-in packaging design, and customized storage merchandise.
Fengmao Technology: Shanghai Huaxin Plans to Reduce Stake by Up to three%
Fengmao Technology (688279.SH) introduced that shareholder Shanghai Huaxin Venture Investment Partnership (Limited Partnership) plans to scale back its stake in the firm by not more than 3,417,581 shares, representing not more than 3.00% of the complete share capital. The discount interval might be inside three months after 15 buying and selling days from the date of the announcement disclosure.
Vanchip Technologies: Share Reduction Plan by Directors and Senior Management
Vanchip Technologies (688153.SH) introduced that administrators and senior administration members Xin Jing, Zhou Ying, and Zhao Yanping plan to scale back their shares by means of centralized aggressive bidding resulting from private funding wants. They intend to scale back not more than 327,820 shares, 491,731 shares, and 327,820 shares respectively, with the discount ratios not exceeding 0.08%, 0.11%, and 0.08% of the firm’s complete share capital respectively. The discount interval is from October 17, 2025, to January 16, 2026.
SuiRuiPu: The firm’s chairman and others have pledged to not scale back their shares in the firm for the subsequent six months.
SuiRuiPu (688536.SH) introduced that it has not too long ago obtained a ‘Commitment Letter Regarding Non-Reduction of Shares in SuiRuiPu Microelectronics Technology (Suzhou) Co., Ltd.’ issued by Chairman ZHIXU ZHOU, Director and Deputy General Manager FENG YING, Director and General Manager WU Jian-Gang, and shareholder Suzhou Jinying Venture Capital Partnership, who holds greater than 5% of the firm’s shares. They dedicated that, ranging from September 16, 2025, they won’t switch or scale back their holdings of the firm’s shares in any method for the subsequent six months. Any new shares generated throughout the dedication interval resulting from occasions resembling capital reserve conversion into share capital, inventory dividends, rights difficulty, or further issuance may even adjust to the aforementioned dedication.
Transsion Holdings: Shareholder Transsion Investment conducts block commerce of 22.807 million shares, lowering stake to 47.15%
Transsion Holdings (688036.SH) introduced that its shareholder, Transsion Investment, decreased its holdings by 22.807 million shares by means of a block commerce, representing roughly 2.00% of the firm’s complete share capital, at a switch worth of RMB 81.81 per share. Following this transaction, Transsion Investment’s shareholding in the firm decreased from 49.64% to 47.15%, with the change crossing an integer a number of of 1%.
ANKAI Micro: Plans to Invest RMB 20 Million in Shiqi Future, Holding 4% Stake
ANKAI Micro (688620.SH) introduced that the firm plans to speculate RMB 20 million in Shiqi Future (Shenzhen) Technology Co., Ltd. After the funding, it’s going to maintain 4.0000% of Shiqi Future’s fairness. This funding is predicated on the firm’s strategic planning in the clever imaginative and prescient sector, aiming to speed up AI-driven innovation in each {hardware} and software program know-how for particular utility situations and improve its aggressive differentiation. The funding won’t have an effect on the firm’s regular manufacturing and operations, nor will it have a big influence on its monetary situation or working outcomes. However, the goal firm might face dangers related to macroeconomic situations, business coverage modifications, and market competitors, and will want steady R&D investments to take care of technological management.