MiniMax, a leading AI company, has recently made a new move in expanding its business footprint. Information from Qichacha shows that a company named Zhuhai Xiyu Jizhi Technology Co., Ltd. has been officially established, marking a further deepening of MiniMax's strategic layout in South China and related regions.
Registered capital of RMB 5 million, focusing on full-stack AI software and hardware development
Public information shows that the legal representative of Zhuhai Xiyu Jizhi Technology Co., Ltd. is Yan Yijun, and its registered capital is RMB 5 million.
In terms of its specific business scope, the company demonstrates fairly comprehensive technical coverage, mainly covering core cutting-edge fields such as AI application software development, AI basic software development, and AI theory and algorithm software development. This aligns with the industry trend of current large model vendors continuously advancing underlying technology R&D and application deployment.
Wholly owned by an affiliated company, leveraging ecosystem advantages to continuously advance business evolution
From the perspective of its equity structure, the new company is wholly owned by Shanghai Xiyu Jizhi Technology Co., Ltd., an affiliate of MiniMax.
Industry analysts point out that establishing a new technology entity in Hengqin, Zhuhai, will help MiniMax further optimize coordination efficiency across its technology R&D, talent gathering, and regional business, providing solid organizational and entity support for its continued innovation in multimodal large models and AI agents.