Kuaishou-W (01024): National Artificial Intelligence Fund strategically invested 1.4 billion yuan in Beijing Keling

Zhitong Finance App News, Kuaishou-W (01024) announced that on August 31, 2026, Beijing Keling signed separate entry agreements with the National Artificial Intelligence Fund and Chia Tai Robot. According to this, the National Artificial Intelligence Fund and Chia Tai Robotics each agreed to become parties to the capital increase agreement as additional investors and inject cash capital of 1.4 billion yuan and 19.29 million US dollars (equivalent to about 1314.5 billion yuan) into Beijing Keling's registered capital, respectively, accounting for the subscription and subsidiary company participation After the implementation of the plan was expanded, about 1.14% and 0.11% of Beijing Keling's registered capital (assuming that the subscription limit and the plan authorization limit for subsidiary companies' shares participating in the plan are all used). On the same day, Beijing Keling signed separate shareholder agreements with the National Artificial Intelligence Fund and Chia Tai Robotics. According to this (among others), the National Artificial Intelligence Fund and Chia Tai Robotics were both granted repurchase rights.

On the same day, Beijing Keling signed supplementary agreements to join the agreement with C Fang, Tianjin Tishixingjing, Junmang Yunze, Ningbo Zhichun Huayan, Monolith Kling, ATTRACTION PLUS LIMITED PARTNERSHIP, and PMF Select Polaris LP, respectively. According to this, (1) Party C's investment amount increased from US$10 million (equivalent to approximately RMB 68.16 million) to US$15 million (equivalent to approximately RMB 102 million); (2) Tianjin's investment amount increased from 700 million yuan to RMB 700 million Approximately 937 million yuan; (3) The investment amount of Junmang Yunze increased from 240 million yuan to 260 million yuan; (4) Ningbo Zhichun Huayan's investment amount was reduced from 6815.7 million yuan to about 6344.8 million yuan; (5) Monolith Kling's investment amount was reduced from 20 million US dollars (equivalent to about 136 million yuan) to about 9.74 million US dollars (equivalent to about 66.37 million yuan); (6) EXPENSIVE PLUS LIMITED's investment amount was 50 million US dollars (equivalent to about about 66.37 million yuan) $341 million) was reduced to US$30 million (equivalent to approximately US$204.7 million); and (7) PMF Select Polaris LP's investment amount was reduced from approximately US$63.82 million (equivalent to approximately US$435 million) to US$39 million (equivalent to approximately US$266 million).