Physix Frontier · News Briefing Card (enbrief · Sep 8, 2026)

Zhongke Leinao Secures Hundreds of Millions in B+ Round

KEY FACTS

  • Zhongke Leinao completed a strategic B+ funding round worth hundreds of millions of yuan, led by CRRC Capital.
  • Gingko Valley and Tsinghua Ventures participated as follow-on investors; the company previously received investment from China Mobile.
  • The funds will be allocated to Token Factory inference optimization and compute-power coordination scheduling technologies.
  • The firm focuses on unified management of heterogeneous computing power, aiming to reduce the cost per token.

PHYSIX OBSERVATION

The consecutive entry of central state-owned enterprise industrial capital into AI infrastructure startups sends a clear signal: the computing power race has shifted from simply stacking GPUs to an efficiency war centered on 'compute-power coordination.' Zhongke Leinao attempts to reconstruct the token production cost model using energy advantages. This is not just an attempt at a commercial closed loop, but a critical path for domestic computing power to seek differentiated breakthroughs under energy consumption bottlenecks. If it can validate the economic viability of 'intelligence per kilowatt-hour,' it may rewrite the cost logic of AI infrastructure.

Source: enbrief original report ↗