Shanghai Xiyu Jizhi Technology Co., Ltd. announced that it has received $350 million in a round of funding on December 30, 2025. The transaction included participation from new investors, Abu Dhabi Investment Authority, Aspex Management (HK) Limited, Boyu Capital Group Management Ltd., Huitianfu Capital Management Co., Ltd., Eastspring Investments Berhad, E Fund Management Co., Ltd., Janchor Partners Limited, Martis Fund, Mirae Asset Securities Co., Ltd., MPC VII Pte. Ltd., Perseverance Asset Management L.L.P., Taikang Life Insurance Co., Ltd., returning investors, Alibaba Group Holding Limited, and IDG Ventures.
The company has issued convertible preferred shares in the transaction.


















