Qianli Technology Board Adds New Member: Chinese Academy of Sciences Academician and Mercedes-Benz Director Nominated

Securities Times Reporter Zeng Jian

Following the appointment of former Honor CEO Zhao Ming to the board, Qianli Technology (601777) may once again welcome new members to its board.

Qianli Technology announced on the evening of March 19 that the board of directors approved the proposal to nominate Chen Ting as a candidate for non-independent director of the sixth board of directors, and Liu Yunhao as a candidate for independent director of the sixth board.

Securities Times reporter noted that both Chen Ting and Liu Yunhao have extensive industry backgrounds.

According to their resumes, Chen Ting was born in November 1982, holds a master’s degree in law from Peking University. She previously served as legal counsel for SK Innovation and SK China Investment Co., Ltd., and as compliance manager at Beijing Mercedes-Benz Sales Service Co., Ltd. Currently, Chen Ting is the director of the Investment and M&A Department at Mercedes-Benz China Investment Co., Ltd.

Chen Ting’s nomination as a candidate for director indicates that the cooperation between Qianli Technology and Mercedes-Benz continues to deepen. In September last year, according to the Share Purchase Agreement signed by the relevant parties, Lifan Holdings announced it would transfer a total of 136 million shares of Qianli Technology at 9.87 yuan per share to Mercedes-Benz (Shanghai) Digital Technology Co., Ltd. (referred to as “Mercedes Digital”). Based on this, Mercedes Digital’s investment cost was approximately 1.342 billion yuan.

Mercedes Digital is a wholly owned subsidiary of Mercedes-Benz (China) Investment Co., Ltd., and is also the largest digital R&D center for Mercedes-Benz globally. It was upgraded from the Shanghai R&D team in June 2023 and is officially based in Jinqiao, Shanghai.

In December last year, the equity transfer was completed. As a result, Mercedes Digital became the fifth largest shareholder of Qianli Technology.

Regarding Mercedes Digital’s investment, Qianli Technology Chairman Yin Qi publicly stated: “We have formed a very close strategic partnership with Mercedes-Benz, with rich cooperation in intelligent driving and intelligent cabins.”

Liu Yunhao was born in November 1971, is a professor at Tsinghua University, and an academician of the Chinese Academy of Sciences. He has received the Second Prize of the National Natural Science Award, the First Prize of the Ministry of Education Natural Science Award, and the First Prize of the Ministry of Education Technological Invention Award, among others. He has been awarded the ACM Chair Award and the “Wang Xuan” Award from the China Computer Federation. Currently, Liu Yunhao serves as the Dean of the Tsinghua Global Innovation Institute and as a doctoral supervisor in the Department of Automation.

Qianli Technology is a global intelligent mobility technology company operating in both terminal and technology sectors. Its terminal business mainly covers automobiles and motorcycles; its core growth engine is the technology sector, focusing on intelligent assisted driving and smart cabins, jointly building an “AI Intelligent Travel Open Platform” for vehicle manufacturers.

To date, Qianli Technology’s board has gathered several well-known figures.

On March 2, former Honor CEO Zhao Ming was officially elected as a non-independent director of Qianli Technology. Zhao Ming was born in March 1973, led the Honor brand for 10 years, is a seasoned leader in the tech industry with over 25 years of global tech management experience, and was named a Chinese economic news figure in 2024.

According to media reports at the time, Zhao Ming will focus on advancing Qianli Technology’s AI business model’s closed-loop strategy and transforming technological advantages into market competitiveness.

(Editors: Wang Zhiqiang HF013)

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