Qingcheng Jizhi Raises Series A Led by China Telecom and Hanhui for Domestic AI Compute Stack

Beijing Qingcheng Jizhi closed a Series A led jointly by China Telecom and Hanhui Capital, with follow-ons from Xinglian Capital and investors including Lingyang, Huasheng Tiancheng, CCB (Beijing) Investment, Direct Force, SenseTime, and Suzhou Yiming; size undisclosed. Founded in 2023 with roots in Tsinghua HPC (advisors Zheng Weimin / Zhai Jidong), it sells domestic-compute systems software and full-stack LLM train/infer plus “Token” tooling (Chitu inference, AI Ping routing). It cites 80k-GPU MoE training and DeepSeek-671B on domestic CPUs. Related context: GPU rental economics and our AI investment channel.