Shulou(Shulou.com)11/24 Report--

CTOnews.com August 7 news, the national enterprise credit information publicity system shows that Beijing Lightyear away Technology Co., Ltd. has now completed the industrial and commercial change, founder Wang Huiwen withdrew shares, Meituan's Tianjin Sankuai Technology Co., Ltd. has become the sole shareholder.

Beijing Lightyear beyond Technology Co., Ltd. was established in July 2018 with a registered capital of 1 million yuan. At present, Wang Huiwen still holds the positions of legal representative, executive director and manager of the company light years away.

As a college classmate of Meituan founder Wang Xing, Wang Huiwen joined Meituan on December 18, 2010 and worked with Wang Xing for 10 years, retired from Meituan in January 2020, and founded AGI (General artificial Intelligence) company in 2018 Lightyear away.

In March this year, Wang Xing posted a post on moments, announcing that he would participate in the round An investment of Wang Huiwen's start-up company "light-year away" in his personal capacity and become a director.

According to previous CTOnews.com reports, Meituan issued an announcement on June 29, formally announcing the acquisition of all interests beyond Lightyear (Beijing Lightyear Technology Co., Ltd. And Light Year AI Limited). The total consideration for the acquisition includes $234 million in cash (CTOnews.com Note: currently about 1.68 billion yuan), debt commitment of 367 million yuan and cash of 1 yuan.

Meituan said in the announcement that the acquisition of leading AGI technology and talent has the opportunity to strengthen its competitiveness in the fast-growing artificial intelligence industry. After the completion of the merger and acquisition, Lightyear will support the Lightyear team to continue to explore and research in the field of large models.

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