CR HOLDINGS (01911.HK): Indirect Wholly-Owned Subsidiary China Renaissance Pan Asia Acts as Sole Financial Adviser to AlphaPai's Series B Financing
- Investors in the financing covered insurance funds, securities firms, industrial capital and leading venture capital institutions, with continued support from several existing shareholders; after the financing, AlphaPai will increase investment in model and product technology and expand its multi-asset client base.
- AlphaPai was built by Xuntu Technology, a Chinese financial AI company, starting from high-frequency entry points such as meeting and information processing and gradually expanding into core investment research workflows including research, analysis and knowledge accumulation.
- According to AlphaPai's public disclosure, it currently serves more than 120,000 professional users, covering over 8,000 financial and asset management institutions.
NewTimeSpace News: On 14 September 2026, China Renaissance Holdings Limited (stock code: 01911.HK) announced on a voluntary basis that China Renaissance Pan Asia Investment Advisory (Beijing) Co., Ltd., an indirect wholly-owned subsidiary of the Company, acted as the sole financial adviser to the latest Series B financing of AlphaPai, an artificial intelligence application focused on financial scenarios.
The announcement disclosed that the financing was supported by multiple types of investors, covering insurance funds, securities firms, industrial capital and leading venture capital institutions, with continued support from several existing shareholders. Following the financing, AlphaPai will continue to increase investment in model and product technology, expand its multi-asset client base and deepen upstream and downstream industry collaboration, while advancing its overseas expansion alongside its domestic market focus. AlphaPai was built by Xuntu Technology, a Chinese financial AI company, starting from high-frequency entry points such as meeting and information processing and gradually expanding into core investment research workflows including research, analysis and knowledge accumulation. According to its public disclosure, AlphaPai currently serves more than 120,000 professional users, covering over 8,000 financial and asset management institutions.
The Company stated that the appointment of China Renaissance Pan Asia as sole financial adviser demonstrates the Group's professional capabilities in financial advisory services in the artificial intelligence and fintech sectors, its deep client base along the financial and AI industry chain, and its ability and credibility in continuously empowering innovative companies and assisting clients in achieving their strategic and financial objectives.
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