Home » knowledge » Plus code advanced manufacturing!Baidu Ali takes a stake in Feiteng Information, a domestic independent core chip provider

Plus code advanced manufacturing!Baidu Ali takes a stake in Feiteng Information, a domestic independent core chip provider

Recently, Tianyancha App information shows that Feiteng Information Technology Co., Ltd. has undergone industrial and commercial changes, and its shareholders have added Hangzhou Alibaba Venture Capital Management Co., Ltd., China Internet Investment Fund (Limited Partnership), and Baidu affiliated company Dazi County Bairuixiang Venture Capital Management Limited liability company CDB Technology Venture Capital, Aerospace Science and Industry Asset Management Co., Ltd., etc. The company’s registered capital increased from 666 million yuan to 749 million yuan. After the capital increase, Ali holds 1% of the equity, and Baidu affiliates hold 0.85%.

Feiteng Information Technology Co., Ltd. (hereinafter referred to as “Feiteng” or “Feiteng Information”) is a leading independent core chip provider in China, jointly supported by China Electronics Information Industry Group, Tianjin Binhai New Area Government and Tianjin Advanced Technology Research Institute in 2014 established. According to the Tianyancha App, Feiteng’s major shareholder is China Great Wall Technology Group Co., Ltd., holding 28.035% of the shares.

Plus code advanced manufacturing!Baidu Ali takes a stake in Feiteng Information, a domestic independent core chip provider

Top five shareholders of Feiteng Information (Source: Tianyancha App)

In 2020, Feiteng Information’s annual sales volume exceeded 1.5 million pieces, with revenue exceeding 1.3 billion yuan.

Feiteng Information CPU products include three series of high-performance server CPU (Tengyun S series), high-performance desktop CPU (Tengrui D series) and high-end embedded CPU (Tenglong E series). Feiteng CPU-based products cover various types of terminals (desktops, all-in-one computers, portable computers, thin clients, etc.), servers and industrial control embedded products, etc. It has been applied in batches in industrial information systems such as rail transit.

By the end of 2020, Feiteng had more than 1,600 ecological partners, including 246 integrator partners, 516 hardware partners, and 851 software partners. According to the official account of Feiteng PHYTIUM, from January to August 2021, the Feiteng CPU platform has been compatible with 368 domestic manufacturers.

Baidu and Ali had already cooperated with Feiteng in the business field before this investment.

In 2019, Feiteng CPU and Baidu Kunlun chip began to adapt. In April 2020, Feiteng FT-2000+/64 processor and Baidu Fei Paddle high-performance deep learning inference engine Paddle Lite 2.3.0 completed mutual certification of product compatibility. In the second half of 2020, Feiteng and Baidu will focus on 15 projects including basic software and hardware adaptation optimization, private cloud, blockchain, cloud mobile phone, edge computing, machine learning, unmanned driving, data center, and finance, industrial Internet, energy, and education. Technology and industry direction to carry out cooperation and docking.

On December 17, 2020, Baidu and Feiteng formally signed a strategic cooperation agreement.

At the beginning of 2020, Feiteng FT-1500A/16 processor and Alibaba Cloud analytical database AnalyticDB completed mutual certification of product compatibility. On January 27, 2021, the OpenAnolis community officially established the council, technical committee and operation committee. Feiteng and Alibaba Cloud are the first council member units.

According to IT Orange Data, this investment in Feiteng Information will be Baidu’s sixth investment in advanced manufacturing in 2021, and Ali’s third investment in advanced manufacturing in 2021.

Plus code advanced manufacturing!Baidu Ali takes a stake in Feiteng Information, a domestic independent core chip provider

Some investment projects of “Baidu Department” (Source: IT Orange)

Plus code advanced manufacturing!Baidu Ali takes a stake in Feiteng Information, a domestic independent core chip provider

Some investment projects of “Alibaba Department” (Source: IT Orange)

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