NIO's Chip Subsidiary "Shenji" Secures Over RMB 2.2 Billion in Series A Funding

Recently, NIO announced that its chip subsidiary, Anhui Shenji Technology Co., Ltd., has completed the signing of its Series A equity financing agreement, securing over RMB 2.2 billion and achieving a post-investment valuation of nearly RMB 10 billion. The funding round brought together several industrial capital and leading institutional investors, including Hefei State-Owned Capital, Hefei Haiheng, IDG Capital, CJIT SCSP, and Oriza Hua.

Anhui Shenji is the first company in China to develop and achieve large-scale commercialization of 5nm automotive-grade chips. Its core product, the "Shenji NX9031," features a 32-core CPU architecture and delivers performance comparable to four Nvidia Orin-X chips combined. Since commencing production in 2024, the chip has shipped over 150,000 units and is now deployed across NIO's entire vehicle lineup.

The proceeds from this financing round will be used for the research and development of next-generation intelligent driving chips and other multi-domain chips. While the company's initial orders are primarily sourced from NIO, Shenji is actively expanding into emerging sectors such as embodied robotics and Agent reasoning, aiming to provide comprehensive chip and intelligent hardware solutions for clients in the AGI era.