Zijin Mining: Subsidiary Plans to Invest 1 Billion Yuan in Fund Targeting AI, Embodied AI and Other Sectors

Published: Sep 17, 2026 09:54

Save

Zijin Mining announced in the evening that on September 15, 2026, its wholly-owned subsidiary Zijin Mining Equity Investment Management (Xiamen) Co., Ltd. ("Zijin Xiamen Equity", which holds a private equity and venture capital fund manager licence) signed the Partnership Agreement of Xiamen Shidai Shenyuan Venture Capital Fund Partnership (Limited Partnership) with Xiamen Puquan Private Equity Fund Management Partnership (Limited Partnership) ("Xiamen Puquan"), Kunkun (Hainan) Investment Co., Ltd. ("Kunkun Investment") and other partners. Zijin Xiamen Equity, as one of the limited partners, will participate in the investment in Xiamen Shidai Shenyuan Venture Capital Fund Partnership (Limited Partnership) ("Shidai Shenyuan Fund"), with a committed capital contribution of RMB 1 billion, representing a 20.4081% committed interest in the fund.

Shidai Shenyuan Fund primarily invests in artificial intelligence, embodied AI, technology applications, frontier technologies and other sectors.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

19 hours ago

[SMM Computing Power News] 400 H200 2T PCIe units now available in Guangzhou, price negotiable.

SMM learned that a smart technology channel distributor in South China stated on September 19-20 that its Guangzhou warehouse currently has about 400 units of H200 2T PCIe complete machines in spot cargo, with a minimum sale of 64 units per batch, and prices to be negotiated based on the buyer's budget. The H200 2T PCIe is mainly targeted at large-model training and inference scenarios. A large spot order has emerged, but the seller has not disclosed a price, indicating that the high-end computing power supply side is still dominated by tentative pricing. Against the backdrop of H200 spot cargo remaining tight, the 400-unit large order being offered at negotiable prices reflects that the seller still holds the initiative in pricing, and the buyer's budget will become a key variable in closing the deal.

19 hours ago

Sep 18, 2026 21:11

[SMM Computing Power Weekly] H100 Western Average Price Rises, A100 Beijing-Tianjin-Hebei Adjusted Upward

In the week ending September 18, 2 of the 12 SMM computing power price indices in the western region, Beijing-Tianjin-Hebei, and Chengdu-Chongqing were raised, while 10 remained flat. The average price of H100 in the western region rose 1.25% to 81,000 yuan/month (14.06 yuan per card-hour); A100 in Beijing-Tianjin-Hebei was raised 1.56% to 32,500 yuan/month.

Sep 18, 2026 21:11

Sep 18, 2026 13:48

[SMM Computing Power Midday Review] H200 Cluster Demand Emerges, Whole-machine Warranty Premium

The index consolidated today. A digital technology enterprise proposed a procurement demand for 16 H200 units (128-card SXM5 cluster) to support pretraining and routine fine-tuning of a 300B large model, with specifications and O&M terms as the core focus and no disclosed pricing caliber. In South China, the H20 141G branded eight-card server was quoted at 3.25 million yuan per unit (three-year warranty), 850,000 yuan higher than the 2.4 million yuan for the 96G server in the same region, making the brand and warranty premium explicit. The 128-card-level demand continued to keep H200 supply under pressure, with the pricing dimension shifting from unit price to delivery certainty and full-lifecycle services.

Sep 18, 2026 13:48