Xinquan Raises Half Billion Yuan to Power Next-Gen AI Agents
Chinese AI Firm Secures Major Funding Boost
In a significant move for China's artificial intelligence sector, Wujing Xinquan announced today it has closed a Series A+ funding round totaling nearly 500 million RMB (about $70 million). The investment signals growing confidence in the company's vision for Agentic AI infrastructure.
Strategic Backers Join Forces
The financing was co-led by Zhuhai Science and Technology Group and Futeng Capital's Yuanchuang Future Fund, with participation from several prominent investors including Huiyuan Capital and Shangqi Capital. Existing shareholders Hongtai Fund and Lenovo Innovation also increased their stakes.
"This isn't just about capital—it's about partnerships," explained Xia Lixue, Xinquan's co-founder and CEO. "Our investors bring technical expertise and market access that will accelerate our roadmap."
Three-Pronged Growth Strategy
The company plans to allocate funds across three key areas:
- Technology leadership: Enhancing software-hardware integration and heterogeneous computing capabilities
- Product commercialization: Scaling AI cloud offerings and terminal solutions for industrial applications
- Agentic AI infrastructure: Developing intelligent agent platforms with supporting cloud and edge facilities
Xia describes Agentic AI as more than just another tech trend. "We're witnessing a paradigm shift in how machines learn and interact," he noted. "Our infrastructure needs to evolve accordingly."
The CEO outlined an ambitious vision centered on three principles: producing agents (Into Agent), collaborating with them (With Agent), and building services around them (For Agent). This approach aims to bridge digital systems with physical world applications.
What This Means for AI Development
Industry observers see Xinquan's funding as part of broader momentum in China's AI sector. Unlike conventional AI systems that follow predefined rules, Agentic AI promises more autonomous, goal-directed behavior—potentially transforming fields from manufacturing to healthcare.
The company plans to double its R&D workforce within 18 months while expanding partnerships with academic institutions. Early prototypes suggest their platform could reduce agent training times by up to 40% compared to existing solutions.
As global competition intensifies in advanced AI systems, this investment positions Xinquan as a serious contender in shaping the next generation of intelligent infrastructure.
Key Points:
- Funding amount: ~500M RMB Series A+
- Lead investors: Zhuhai Science Tech Group + Futeng Capital
- Focus areas: Agentic AI infra, cloud products, terminal solutions
- Strategic vision: "Into/With/For Agent" framework
