Xiaomi's Hansing Capital and Baidu-Backed Funds Invest in Chuguang Yueqian

36Kr reports that Tianyancha App shows recent business registration changes for Shanghai Chuguang Yueqian Intelligent Technology Co., Ltd., with new shareholders including Xiaomi-backed Hansing Venture Investment Co., Ltd. and Baidu-backed Sanya Baichuan Zhixin Private Equity Fund Partnership (Limited Partnership). Zhou Zijian stepped down as legal representative, succeeded by Zhang Ying, while registered capital increased from 500,000 RMB to 600,000 RMB. The company, established in May 2026, engages in sales and R&D of intelligent robots and service consumption robots. It is now jointly held by Shanghai Xihaiyizhi Enterprise Management Partnership (Limited Partnership), Shanghai Chuguang Chengyao Enterprise Management Partnership (Limited Partnership), and the aforementioned new shareholders.