China Telecom Invests in Mianbi Intelligence, Raises Capital to 713,000 Yuan for LLM & Data Infra

The "national team" and the leading figure from Tsinghua University in the large model space are deepening their strategic alignment. On March 1, 2026, according to the latest business registration data from Qichacha, Beijing Mianbi Intelligent Technology Co., Ltd. underwent significant equity restructuring, formally introducing backing from telecom giants and industry funds.

This shift is not merely about capital infusion—it signals that the commercialization of domestic large models in public data platforms and smart hardware fields is set to accelerate sharply.

Key Highlights: Dual Endorsement from Telecom and Local Funds

Following this business change, Mianbi Intelligent's shareholder base now includes several major new entities:

China Telecom's Wholly Owned Investment: A new shareholder China Telecom Group Investment Co., Ltd. (a wholly-owned subsidiary of China Telecom Group) has joined, marking Mianbi Intelligent's official entry into the core AI ecosystem of a major telecom operator.

Support from Local Industrial Funds: New additions such as Guangxi Artificial Intelligence Industry Investment Fund Partnership (Limited Partnership) indicate strong local government confidence in the technological spillover effects of the "Tsinghua system."

Increased Registered Capital: The company's registered capital has been raised from its original amount to 7.13 million yuan, further strengthening its financial position.

Business Scope: From "Algorithm Models" to "Intelligent Robots"

Qichacha data shows that Mianbi Intelligent's business scope covers several key segments of the AI value chain:

Data Infrastructure: Artificial intelligence public data platform, artificial intelligence general application system.

Embodied Intelligence: R&D and sales of intelligent robots. This aligns closely with the strong performance of its recently launched MiniCPM series on edge devices, signaling the company's future focus on robot brains.

Software Integration: Development of artificial intelligence theory and algorithm software, development of artificial intelligence infrastructure software, etc.

Background Observation: Accelerating AGI Deployment

Founded in 2022, Mianbi Intelligent is a high-growth company dedicated to large model innovation and application. Its origins from the core team of Tsinghua University's NLP laboratory give it unique technical advantages in efficient models like MiniCPM. With China Telecom's involvement, Mianbi Intelligent's MiniCPM series is expected to gain direct access to telecom-grade computing networks and massive application scenarios, giving it a competitive edge in the 2026 large model "commercialization survival race."