Xin Lang Cai Jing·2026-02-26 11:25Core Insights - NIO's chip subsidiary, Anhui Shenqi Technology Co., Ltd., has completed its first round of equity financing, raising over 2.2 billion RMB, with a post-financing valuation nearing 10 billion RMB [1][2] - The financing round attracted several industry-leading institutions, including Hefei Guotou, Hefei Haiheng, IDG Capital, Zhongxin Juyuan, and Yuanhe Puhua, which will support Shenqi's ongoing development and promotion of high-end, competitive chip products [1][2] Company Developments - Anhui Shenqi is the first company in China to develop 5nm automotive-grade chips and achieve large-scale commercialization [2] - The Shenqi NX9031 chip boasts performance equivalent to four traditional chips, maintaining the top position in the domestic automotive chip market [2] - Since its production began in 2024, over 150,000 units of the NX9031 chip have been shipped, successfully deployed across all NIO vehicle models [2] - Following this financing, Shenqi plans to launch next-generation high-performance chips for smart driving and several other chips for different sectors [2] - The initial orders for Shenqi's products primarily come from NIO, while the company is also actively expanding into emerging businesses such as embodied robotics and agent reasoning, providing comprehensive chip and smart hardware solutions for various clients in the AGI era [2]