Xinxiang Micro (688593.SH) subsidiary Xinxiang Technology plans to increase its investment in North Electric Digital by 100 million yuan.

Zhtng Cijng APP news, Xn Xingwi (688593.SH) announced that the company's wholly-owned subsidiary, Shanghai Xn Xing Technology Co., Ltd. (referred to as "Xn Xing Technology"), plans to increase capital to Beijing Electronic Digital Technology Co., Ltd. (referred to as "Bid in Shzh") with its own funds of 100 million yuan (tentative). Bid in Shzh is a technology innovation AI company under Beijing Electric Control, focusing on original, disruptive, leading, technology-driven and data-driven. The company plans to strategically invest in high-quality enterprises in the AI field, build a two-way empowering industrial symbiotic ecosystem, incubate more new technologies, products, businesses, and models that align with market trends, and create more value for the company's business development and shareholders.