{"id":"91bd5604-7820-48b3-930a-8e0e074ff235","kind":"news","code":"91bd5604-7820-48b3-930a-8e0e074ff235","name":"Wangsu Technology plans CNY 300 million investment in video generation model company Sand.ai","nameBasis":"translated-title","summary":"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%.","description":"","country":null,"category":null,"originalName":"网宿科技拟3亿元投资视频生成模型公司Sand.ai","eventDate":"2026-09-29T00:00:00.000Z","website":"http://www.cnstock.com/commonDetail/797266","sourceUpdatedAt":"2026-10-13T17:03:27.845Z","englishUpdatedAt":"2026-10-15T23:42:44.003Z","reviewedAt":"2026-10-15T23:42:44.003Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"a6c2f8cba72f3f2499c7727c9e6f03803dbce07c8e40f0c9408cb08e078846f0","companyId":"26f9fcf5-a523-4d8c-a164-2a33d1549da2","foundedYear":null,"logoUrl":null,"originalText":"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%。","sources":[{"url":"http://www.cnstock.com/commonDetail/797266","publishedOn":"2026-09-29T00:00:00.000Z"}],"related":[{"id":"26f9fcf5-a523-4d8c-a164-2a33d1549da2","kind":"companies","code":"UB-C549","name":"Sand.ai","nameBasis":"source-english","summary":"Sand.ai is a Chinese AI company focused on AI video generation technology and applications","description":"sand.ai focuses on R&D of AI video foundation models and creative products.","country":"China","category":null,"originalName":"Sand.ai","eventDate":null,"website":"https://sand.ai/","sourceUpdatedAt":"2026-10-05T00:00:00.000Z","englishUpdatedAt":"2026-10-20T18:22:58.546Z","reviewedAt":"2026-10-20T18:22:58.546Z","snapshotAt":"2026-10-20T18:05:01.520Z","sourceHash":"a585faca11dc5c8167f0c9e508f87e81c2214a333edd0511747a7bb90ae58e4c","companyId":null,"foundedYear":2023,"logoUrl":"https://c.ux-cdn.com/1863156737900573-5aba7b40bf5e48ca8be5896e57b70eca/uniquebase%2Flogos%2Fcompany%2FrecvvUwBz10XbL%2F60e3fbebe79dd52894092a5590ece3386c9b756bab4daf73b8a68d97df717b30.png","path":"/companies/sand-ai"},{"id":"6fe3dc0d-e9a2-46f9-9aa1-048d1e6c48e4","kind":"institutions","code":"UB-I219","name":"Wangsu Technology","nameBasis":"transliterated","summary":"A Chinese listed CDN and edge computing services company investing strategically in cloud computing and edge ecosystems.","description":"A Chinese listed CDN and edge computing services company investing strategically in cloud computing and edge ecosystems.","country":null,"category":null,"originalName":"网宿科技","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:18:21.211Z","englishUpdatedAt":"2026-10-15T21:37:02.692Z","reviewedAt":"2026-10-15T21:37:02.692Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"e402a229fd9ccafef26a515474e28fa9d6ecfffc36c808fe071ba42e14dff71b","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/wangsu-technology"}],"path":"/news/91bd5604-7820-48b3-930a-8e0e074ff235","structured":{"city":null,"country":null,"location":null,"role":null,"category":null,"company":{"name":"Sand.ai","path":"/companies/sand-ai"}},"canonical":"https://uniquebase.ai/news/91bd5604-7820-48b3-930a-8e0e074ff235"}