--- title: "Lotus invested 300 million yuan in Jueyue Xingchen, deepening the expansion of its consumer + technology strategy" type: "News" locale: "en" url: "https://longbridge.com/en/news/287866023.md" description: "Lotus Holdings announced that it will invest no more than 300 million yuan in Shanghai Jumpspace Star Intelligent Technology Co., Ltd. through its wholly-owned subsidiary Hangzhou Lotus Technology Innovation Co., Ltd. Jumpspace Star is a well-known artificial intelligence company in China, focusing on the research and development of AI foundational models. This investment aims to deepen Lotus Holdings' consumption + technology strategy and promote the steady development of its AI technology business" datetime: "2026-05-28T05:52:09.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287866023.md) - [en](https://longbridge.com/en/news/287866023.md) - [zh-HK](https://longbridge.com/zh-HK/news/287866023.md) --- # Lotus invested 300 million yuan in Jueyue Xingchen, deepening the expansion of its consumer + technology strategy On May 26, Lotus Holdings (600186.SH) announced that the company's board of directors has approved the "Proposal for External Investment." The company's wholly-owned subsidiary, Hangzhou Lotus Technology Innovation Co., Ltd. (Lotus Tech), plans to invest in Shanghai Jueyue Xingchen Intelligent Technology Co., Ltd. (Jueyue Xingchen) through cash capital increase, with an investment amount not exceeding 300 million yuan. Public information shows that Jueyue Xingchen is a domestic general artificial intelligence enterprise, known in the industry as one of the "AI Six Little Tigers," with its core being the self-developed Step series general large model matrix. Its main business includes the research and development of AI basic models, industry application integration, and intelligent terminal adaptation, covering cutting-edge fields such as language, multimodal, and code generation. It has completed over 5 billion yuan in B+ round financing, with investors including well-known institutions such as Tencent and Shanghai Guotou. Currently, artificial intelligence, as the core engine of new productive forces, is ushering in a dual dividend period of policy and industry. On May 22, Li Chao, spokesperson for the National Development and Reform Commission, stated at a press conference that both core technologies and application demands in the field of artificial intelligence are showing rapid growth. The commission will adhere to systematic layout, differentiated policies, open sharing, and safety control, promoting the extensive and deep integration of artificial intelligence with various industries and fields of the economy and society, guiding domestic large models to increase efforts in adapting to domestic computing power chips, ensuring autonomy and controllability, promoting good development, and achieving stable and long-term progress, allowing the public to share in the achievements of artificial intelligence development. In recent years, Lotus Holdings has firmly practiced the "dual-drive" strategy of consumption + technology, with a solid foundation in its main business and an accelerated rise of the second curve in technology, achieving impressive operating performance and reform results. In the technology sector, Lotus Holdings' AI technology business mainly covers computing power infrastructure, artificial intelligence software and hardware products, and the exploration of emerging technology businesses through equity investments. By 2025, the company's computing power service revenue is expected to reach 122 million yuan, a year-on-year increase of 51.13%, with a gross profit margin of 46.07%. The steady advancement of AI technology business has made the profile of the company's second growth curve increasingly clear. In the semiconductor field, Lotus Holdings adopts methods such as industrial investment, strategic equity participation, and fund cooperation to precisely penetrate the "bottleneck" core links: jointly developing electronic insulation laminated adhesive films with Zhejiang University and obtaining patents; Lotus Tech acquiring 46% equity in Shenzhen Newface, landing its own intellectual property NBF series adhesive films; and indirectly investing in domestic semiconductor equipment leader XKL through industrial funds, binding the core technology chain. This 300 million yuan investment in Jueyue Xingchen is a technological layout action by Lotus Holdings in response to the national call for "developing new productive forces and strengthening AI autonomy and controllability." The company is extending from computing power infrastructure to the upstream AI large model field, further broadening its technological strategy. Industry insiders analyze that Lotus Holdings' seasoning main business has a solid foundation and steady growth, while the second growth curve of AI technology is steadily landing and yielding results. The investment layout in the large model track will further strengthen its technological attributes, and under the dual-drive strategy, performance is expected to maintain high growth, with long-term high-quality growth certainty enhanced ### Related Stocks - [600186.CN](https://longbridge.com/en/quote/600186.CN.md) - [00700.HK](https://longbridge.com/en/quote/00700.HK.md) - [TCEHY.US](https://longbridge.com/en/quote/TCEHY.US.md) - [80700.HK](https://longbridge.com/en/quote/80700.HK.md) - [HTCD.SG](https://longbridge.com/en/quote/HTCD.SG.md) - [TCTZF.US](https://longbridge.com/en/quote/TCTZF.US.md) ## Related News & Research - [Billionaire investor Dan Loeb dismisses AI bubble talk: 'We're barely scratching the surface'](https://longbridge.com/en/news/288060733.md) - [3 core AI stocks to buy with $1,000 and hold for the next decade](https://longbridge.com/en/news/288167146.md) - [Stop Looking at Earnings: The Real Threat to AI Stocks Is the Collapse of Compute Prices](https://longbridge.com/en/news/287681829.md) - [Dell, Nokia, Lenovo: Tech Veterans' Comeback in the AI Era](https://longbridge.com/en/news/288169470.md) - [AI speeds up work but economy's efficiency gains lag](https://longbridge.com/en/news/287865354.md)