CR Holdings (01911) has announced that its indirect wholly-owned subsidiary, CR PanAsia Investment Advisory (Beijing) Co., Ltd., served as the exclusive financial advisor for the latest Series B financing round of AlphaPai, an artificial intelligence application tailored for financial scenarios.
The funding round attracted support from a diverse range of investors, including insurance capital, securities firms, industrial capital, leading venture capital institutions, and continued backing from multiple existing shareholders. Following this round, AlphaPai plans to increase its technical investment in models and products, expand its client base across diverse asset classes, deepen collaboration across the industry's upstream and downstream sectors, and steadily advance its overseas expansion while solidifying its presence in the domestic market.
AlphaPai, developed by XunTu Technology—a leading player in China's financial AI sector—starts from high-frequency entry points such as meetings and information processing, gradually penetrating core investment research workflows including research, analysis, and knowledge accumulation. According to publicly available disclosures, AlphaPai currently serves over 120,000 professional users across more than 8,000 financial and asset management institutions.
The engagement of CR PanAsia as the exclusive financial advisor highlights the Group's expertise in providing financial advisory services within the artificial intelligence and fintech sectors, as well as its deep client relationships across the financial and AI industry value chain. This appointment also underscores the Group's proven ability and credibility in empowering innovative enterprises to achieve their strategic and financial objectives.
The Group is honored to have assisted AlphaPai in completing this financing round and remains firmly optimistic about its long-term growth potential in the financial AI and global financial services arenas.