Financing Overview - Shanghai Chip and Cloud Data Technology Co., Ltd. has successfully completed its Series A financing round, raising a total of 50 million RMB, following its angel round in 2021 and Pre-A round in 2023 [1] Investor Introduction - Lianchuang Yongjun, a venture capital firm focused on artificial intelligence, smart manufacturing, and hard technology investments, is leading the financing round. The firm aims to identify quality projects in the innovative areas of AI-enabled industrial manufacturing [2] - Waterwood Asset, leveraging Tsinghua University's technology innovation engine, focuses on creating a closed-loop ecosystem for technology insight, industrial transformation, and capital empowerment, supporting the successful listing of multiple companies [4] Significance of Financing - The joint investment from Lianchuang Yongjun and Waterwood Asset provides strong capital support and multidimensional empowerment through industrial resources, technical collaboration, and policy benefits, laying a solid foundation for the company's future business development [5] - Lianchuang Yongjun's experience in smart manufacturing and international mergers and acquisitions will assist the company in expanding its industrial client base and strengthening its cross-border business layout [5] - Waterwood Asset's government resources and regional layout capabilities will effectively support the company in enhancing its cross-border business system, particularly in the Xinjiang region [5] Future Outlook - The company has completed three rounds of financing, enhancing its capital strength and providing strong momentum for strategic upgrades. It has acquired controlling interest in Hong Kong-listed Shenghua Land (stock code: 08106.HK), establishing an international capital market platform [6] - The company plans to leverage resources from the Hong Kong capital market to focus on smart city and industrial services, cross-border digital services, and Web3 commercial and financial services, aiming to enhance its core competitiveness and profitability [6]