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Wangsu Technology plans CNY 300 million investment in video generation model company Sand.ai

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Wangsu Technology announced plans to invest CNY 300 million in newly issued Series A+ preferred shares of Sand.ai’s Cayman entity, initially providing CNY 300 million to Shanghai Sandai Technology through convertible debt. Its post-investment stake would be 4.3963%.

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  1. www.cnstock.com ↗Published Sep 29, 2026
Original source text

Names may use phonetic renderings when no English name is supplied. The original wording is retained below.

网宿科技公告拟出资3亿元认购Sand.ai开曼增发的A+轮优先股,先期以可转债方式向上海三呆科技提供3亿元,投资后持股4.3963%。