# Aijiekexin
Aijiekexin (北京艾捷科芯科技有限公司, Beijing Aijiekexin Technology Co., Ltd.) is a Beijing-based startup developing AI high-compute chips, founded on 1 August 2023 and controlled since September 2023 by the ChiNext-listed internet company Kunlun Wanwei (昆仑万维, 300418.SZ).[1](http://disc.static.szse.cn/disc/disk03/finalpage/2023-09-20/29f67b84-43f2-4e9c-ae7e-eac6add7ad94.PDF) The company focuses on generative AI (AIGC) workloads, with a particular stated emphasis on intelligent computation for AI games.[1](http://disc.static.szse.cn/disc/disk03/finalpage/2023-09-20/29f67b84-43f2-4e9c-ae7e-eac6add7ad94.PDF) It has disclosed two capital increases totalling at least RMB 1.23 billion and was later reported to be valued at about RMB 4.054 billion with an aim of independent listing.[1](http://disc.static.szse.cn/disc/disk03/finalpage/2023-09-20/29f67b84-43f2-4e9c-ae7e-eac6add7ad94.PDF) • [2](https://36kr.com/newsflashes/3775036296528640)
| Fact | Detail |
|---|---|
| Founded | 1 August 2023, Beijing[1](http://disc.static.szse.cn/disc/disk03/finalpage/2023-09-20/29f67b84-43f2-4e9c-ae7e-eac6add7ad94.PDF) |
| Headquarters | 30/F, Building 401, Wangjingyuan, Chaoyang District, Beijing[1](http://disc.static.szse.cn/disc/disk03/finalpage/2023-09-20/29f67b84-43f2-4e9c-ae7e-eac6add7ad94.PDF) |
| Legal representative / founder | Jiang Yimin (蒋毅敏)[1](http://disc.static.szse.cn/disc/disk03/finalpage/2023-09-20/29f67b84-43f2-4e9c-ae7e-eac6add7ad94.PDF) |
| Business | AI high-compute and supporting chips, focused on AIGC, especially AI gaming compute[1](http://disc.static.szse.cn/disc/disk03/finalpage/2023-09-20/29f67b84-43f2-4e9c-ae7e-eac6add7ad94.PDF) |
| Disclosed funding | ≥ RMB 1.23 billion (RMB 680M in 2023 plus a RMB 550M follow-on round)[1](http://disc.static.szse.cn/disc/disk03/finalpage/2023-09-20/29f67b84-43f2-4e9c-ae7e-eac6add7ad94.PDF) • [2](https://36kr.com/newsflashes/3775036296528640) |
| Notable investors | Kunlun Wanwei (controlling, 58% at entry), Changxin Xinjuhe (a Changxin Technology Group subsidiary), Caixun Co.[1](http://disc.static.szse.cn/disc/disk03/finalpage/2023-09-20/29f67b84-43f2-4e9c-ae7e-eac6add7ad94.PDF) • [2](https://36kr.com/newsflashes/3775036296528640) |
| Post-money valuation | ~RMB 4.054 billion after the follow-on round[2](https://36kr.com/newsflashes/3775036296528640) |
| Status | Operating as a consolidated Kunlun Wanwei subsidiary, reportedly preparing for independent listing[2](https://36kr.com/newsflashes/3775036296528640) |
## History and founding
Aijiekexin was incorporated on 1 August 2023 with registered capital of RMB 1,860,248.82. On 20 September 2023, roughly seven weeks after incorporation, Kunlun Wanwei announced it would invest RMB 680 million to take control.[1](http://disc.static.szse.cn/disc/disk03/finalpage/2023-09-20/29f67b84-43f2-4e9c-ae7e-eac6add7ad94.PDF) • [3](https://www.jiemian.com/article/10135187.html) The company's legal representative and founder is Jiang Yimin (蒋毅敏).[1](http://disc.static.szse.cn/disc/disk03/finalpage/2023-09-20/29f67b84-43f2-4e9c-ae7e-eac6add7ad94.PDF)
He graduated from [Tsinghua University](https://www.edgepedia.org/tsinghua-university)'s electronic engineering department in 1996, earned MS and PhD degrees in electrical engineering at the University of Maryland, and worked as a senior researcher at Hughes Electronics. According to the SZSE filing, he proposed a receiver solution adopted in the DVB-S2 satellite TV standard and holds more than ten international patents. He returned to China in 2005 to co-found the semiconductor design company Beijing 中天联科 (a satellite-receiver chip designer) as chief technology officer, and from 2012 to 2016 was a partner at CITIC Capital investing in chip companies including 安路科技 (Anlogic), 盛科通信 (Centec), and 云英谷 (Yinggu).[1](http://disc.static.szse.cn/disc/disk03/finalpage/2023-09-20/29f67b84-43f2-4e9c-ae7e-eac6add7ad94.PDF)
Before the Kunlun investment, Aijiekexin's controlling shareholder was 碧捷安芯, holding 53.7562% of equity, alongside partnership vehicles including 艾捷苍山, 艾捷雄关, 迅捷联动, and 艾捷彩视.[1](http://disc.static.szse.cn/disc/disk03/finalpage/2023-09-20/29f67b84-43f2-4e9c-ae7e-eac6add7ad94.PDF)
## Products and technology
The SZSE filing describes the company's main business as research, development, and production of AI high-compute and supporting chips, focused on generative AI and particularly on intelligent computation for AI games.[1](http://disc.static.szse.cn/disc/disk03/finalpage/2023-09-20/29f67b84-43f2-4e9c-ae7e-eac6add7ad94.PDF) Its registered business scope covers integrated circuit design, professional design services, industrial design services, and sales of discrete semiconductor devices.[4](https://www.innohere.com/ir/103824/general.html)
**Architecture claims.** A company profile on the innoHere directory (a weak, templated source) states that Aijiekexin says it is not building a domain-specific-architecture (DSA) chip or a graphics processor, but a programmable, high-performance NPU covering both inference and training.[4](https://www.innohere.com/ir/103824/general.html) This is an unverified company statement carried only by that profile; no independent source confirms the architecture, and no tape-out, product, customer, or benchmark milestone appears in the available record.
One concrete technical partnership is documented in the filing: Aijiekexin signed an intent agreement with the Chinese Academy of Sciences Institute of Microelectronics to jointly build a laboratory on advanced memory, packaging, and compute-system integration technologies.[1](http://disc.static.szse.cn/disc/disk03/finalpage/2023-09-20/29f67b84-43f2-4e9c-ae7e-eac6add7ad94.PDF) An intent agreement describes an intention to collaborate, not a completed program.
## Funding and investors, by the numbers
**September 2023 control investment.** Kunlun Wanwei invested through two wholly-owned subsidiaries: 昆诺天勤 contributed RMB 120 million for 10.2353% and 新余昆智 contributed RMB 560 million for 47.7647%, together RMB 680 million (about US$93 million as reported in English-language press) for 58% of the company. Aijiekexin was thereafter consolidated into Kunlun Wanwei's accounts.[1](http://disc.static.szse.cn/disc/disk03/finalpage/2023-09-20/29f67b84-43f2-4e9c-ae7e-eac6add7ad94.PDF) • [5](https://archive.pandaily.com/kunlun-tech-acquires-93-million-controlling-stakes-in-aijie-kexin-for-ai-chip-development/) The filing discloses staged payment terms, including a first installment of RMB 60 million from 昆诺天勤 within ten business days after conditions are met.[1](http://disc.static.szse.cn/disc/disk03/finalpage/2023-09-20/29f67b84-43f2-4e9c-ae7e-eac6add7ad94.PDF) Under ChiNext rules the transaction did not require board approval and was not classified as a related-party transaction or major asset restructuring.[1](http://disc.static.szse.cn/disc/disk03/finalpage/2023-09-20/29f67b84-43f2-4e9c-ae7e-eac6add7ad94.PDF)
**Follow-on round.** In a later capital increase reported by 36Kr, Aijiekexin raised RMB 550 million: external investors contributed RMB 450 million for 11.1006% of post-increase equity, and core management contributed RMB 100 million for 2.4668%, implying an overall valuation of about RMB 4.054 billion.[2](https://36kr.com/newsflashes/3775036296528640) The external investors included 长鑫芯聚, a wholly-owned subsidiary of memory-maker Changxin Technology Group (长鑫科技), and 彩讯股份 (Caixun Co.).[2](https://36kr.com/newsflashes/3775036296528640) The stated purpose was to strengthen capital reserves, support the AI chip business, and prepare for a potential independent listing of Aijiekexin.[2](https://36kr.com/newsflashes/3775036296528640)
Together, the two disclosed rounds total at least RMB 1.23 billion.
## Strategic logic: Kunlun Wanwei's captive chip arm
Kunlun Wanwei had by 2023 pivoted toward large models with its "Tiangong" (天工) LLM. During Tiangong's development it spent nearly US$100 million purchasing GPU compute and hardware for its own use. The Aijiekexin investment extended this into vertical integration spanning AI chips, large models, and AI applications.[3](https://www.jiemian.com/article/10135187.html)
At the time of the deal, Kunlun reported a near-1,000-person AGI and AIGC team, and computer scientist Yan Shuicheng (颜水成) joined in September 2023 as co-CEO of Tiangong Intelligence and dean of its global research institute.[3](https://www.jiemian.com/article/10135187.html)
Kunlun itself flagged that the chip industry Aijiekexin operates in was still at an early stage and that future progress would depend on technology, product, policy, and financing factors.[5](https://archive.pandaily.com/kunlun-tech-acquires-93-million-controlling-stakes-in-aijie-kexin-for-ai-chip-development/)
The investing structure illustrates how a Shenzhen-listed company takes control of a private startup: Kunlun used two wholly-owned subsidiaries (昆诺天勤 and 新余昆智) as capital-injection vehicles, disclosed the price, percentage, and payment schedule in a public SZSE announcement, and consolidated the target from the closing of the increase.[1](http://disc.static.szse.cn/disc/disk03/finalpage/2023-09-20/29f67b84-43f2-4e9c-ae7e-eac6add7ad94.PDF)
## References
1. 昆仑万维公告 2023-099：关于公司投资并控股 AI 大算力芯片创业企业艾捷科芯的公告 (SZSE disclosure) — http://disc.static.szse.cn/disc/disk03/finalpage/2023-09-20/29f67b84-43f2-4e9c-ae7e-eac6add7ad94.PDF
2. 昆仑万维：艾捷科芯引入外部投资者长鑫科技全资子公司、彩讯股份等，整体估值达约40.54亿元 (36氪) — https://36kr.com/newsflashes/3775036296528640
3. 昆仑万维再出手，投资6.8亿元控股芯片初创公司艾捷科芯 (界面新闻) — https://www.jiemian.com/article/10135187.html
4. 艾捷科芯 公司详情 (innoHere) — https://www.innohere.com/ir/103824/general.html
5. Kunlun Tech Acquires $93 Million Controlling Stakes in Aijie Kexin for AI Chip Development (Pandaily) — https://archive.pandaily.com/kunlun-tech-acquires-93-million-controlling-stakes-in-aijie-kexin-for-ai-chip-development/
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*Topic: Encyclopedia › Society and history › Economics and business › Business and work › Business and work overview › Companies and corporations › Venture-backed startups and growth companies › Deep-tech, hardware, industrial, climate, and mobility startups › Semiconductors and chip equipment › Fabless chip designers*
*Initially written Sep 17, 2026 · Edited: Oct 11, 2026; Oct 15, 2026*
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License: Edgepedia Community License 1.0, https://www.edgepedia.org/edgepedia/license