On September 2, Qianli Technology announced on its investor interaction platform that it is actively pursuing a share buyback initiative, with a planned investment ranging from RMB 100 million to RMB 150 million. The inaugural buyback transaction was successfully executed on August 14, and the company intends to carry out further buybacks contingent upon prevailing market conditions. Concurrently, Qianli Technology is diligently progressing with its preparations for an H-share listing. It has already completed several rounds of feedback submissions to both the China Securities Regulatory Commission and the Hong Kong Stock Exchange.
The proceeds from the listing are earmarked for funding research and development endeavors, as well as product enhancements in the realms of AI-powered intelligent driving systems, smart cockpit technologies, and Robotaxi solutions. Furthermore, the company revealed that it attained an operating revenue of RMB 4.184 billion during the first half of 2026, marking a substantial year-on-year surge of 40.04%. Over the initial eight months of the year, the cumulative sales of complete vehicles witnessed an impressive 85.8% year-on-year uptick, whereas the cumulative sales of new energy vehicle models experienced a notable 61.27% year-on-year growth.
