2亿+入账，又一杭州“六小龙”获投

Core Viewpoint - Guangdong Daoshi Technology Co., Ltd. announced its subsidiary Hong Kong Jian Na Limited plans to invest $30 million (approximately 213 million RMB) to acquire minority equity in Qiangnao Technology's Pre-B round preferred shares [1][4]. Company Overview - Qiangnao Technology, founded in February 2015 by Han Bicheng, focuses on the development of non-invasive brain-computer interface technology, which is safer and has a broader application range compared to invasive methods [3]. - The company relocated its headquarters to Hangzhou in 2018 and is part of a group of innovative tech firms known as the "Hangzhou Six Little Dragons" [3]. - Qiangnao Technology has launched several products, including smart bionic limbs and brain-machine intelligent sleep devices, indicating a shift from laboratory research to commercial application [3]. Investment Details - Daoshi Technology's investment in Qiangnao Technology aims to leverage the latter's experience in applying brain-computer interface technology in medical rehabilitation, education, and human-computer interaction, enhancing Daoshi's "AI + new materials" strategy [7]. - Qiangnao Technology is currently in the Pre-B round stage and has been rumored to be negotiating a pre-IPO financing of approximately $100 million at a valuation exceeding $1.3 billion, potentially paving the way for an IPO in Hong Kong or mainland China [5][4]. Financial Performance - Daoshi Technology reported a significant reduction in R&D expenses, down 41.39% year-on-year to 88.68 million RMB, attributed to decreased direct material inputs and personnel costs [9]. - The company’s revenue for the reporting period was approximately 3.65 billion RMB, reflecting an 11.64% decrease compared to the previous year [9]. Industry Context - The brain-computer interface industry, where Qiangnao Technology operates, is considered an emerging sector, with profitability expected to be achieved only after 2024 [10]. - Qiangnao Technology has raised over $1 billion in total funding since its inception, with a current valuation potentially reaching $5 billion [10].