Jieyue Xingchen completes over 5 billion yuan Series B+ financing, Yin Qi appointed as chairman.

Jieyue Xingchen recently announced the completion of its Series B+ financing round, raising over 5 billion RMB, setting a new record for single-round financing in China's large-scale model industry. Simultaneously, the company announced a significant personnel change: Yin Qi, a 38-year-old prodigy from the Yao Class, currently Chairman of Qianli Technology and co-founder and former CEO of Megvii Technology, has officially assumed the role of Chairman of Jieyue Xingchen. Yin Qi will form the core management team with CEO Jiang Daxin, Chief Scientist Zhang Xiangyu, and CTO Zhu Yibo, primarily responsible for strategic direction selection and the implementation of terminal commercialization.