FilingReader Intelligence
Kunlun Tech invests 500m yuan in AI subsidiary
August 20, 2025 at 01:19 PM UTC•By FilingReader AI
Beijing Kunlun Tech will invest 500 million yuan in its controlling subsidiary Skywork AI Inc through multiple sources. Kunlun Group Limited will contribute 200 million yuan, while Kunlun Fund converts a 200 million yuan convertible bond into equity and Beijing Miliary Network Technology adds 100 million yuan.
The A-round financing aims to strengthen Skywork's position in artificial general intelligence and AI-generated content.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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SZSE:300418•Shenzhen Stock Exchange
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