According to CoinMeta, YanYu Technology recently disclosed the completion of a nearly $300 million Series B+ financing round, setting a new record for the highest single-round financing in the AI application field in China. The transaction was actually settled in the first half of this year, with a post-investment valuation exceeding $2 billion. Leading investors included Granite Asia, Tencent, and Shunwei Capital, while existing shareholders such as GaoRong, Ant Group, and Sequoia also increased their investments. As of May 2026, YanYu Technology's annual recurring revenue had reached $300 million, a nearly three-fold increase from the time of the financing. If the new financing is successfully secured, its valuation is expected to rise to $3 billion in less than two months.