Unique Research · Company / AIGC monthly · October 17, 2023 · Full editorial rewrite of ~3,639 CJK — secondary + primary market figures and named rounds preserved
Contents: (1) Recent trading overview — secondary & primary markets; (2) Industry briefing — overseas & domestic financings; (3) Report notes.
1. Recent trading overview
1.1 Secondary market (A-share AIGC concept)
In September, A-share listed companies with an AIGC concept totaled 102, up 8 from August; aggregate market cap rose from RMB 1.17 trillion to RMB 1.27 trillion.
Per Tonghuashun, as of September 30 the AIGC concept index closed at 1,409.53, down −4.39%, with turnover of RMB 661.94 billion.
One new listing this month: Santaitong (三态股份) — export cross-border e-commerce retail and third-party export logistics, with an in-house A+ smart image-generation project that auto-produces scene, size, and detail shots to cut design and ops workload. Excluding that IPO, the top five monthly gainers:
- iSoftStone (软通动力) RMB 26.58, +28.78%
- *ST Huichen (*ST慧辰) RMB 22.43, +22.30%
- Dafu Technology (大富科技) RMB 10.81, +14.27%
- Wondershare (万兴科技) RMB 99.55, +10.27%
- Jiachuang Vision (佳创视讯) RMB 6.61, +9.80%
iSoftStone is an IT services and industry-solutions provider covering software tech services, enterprise digital transformation, smart city, and cloud/internet platforms. Its AI all-in-one machine — an intelligent process-robot appliance combining RPA and AI — can run independently in the customer environment after deployment. It has Huawei and Kunpeng certification, is listed on Huawei Cloud Marketplace, and is used in 100+ scenarios (finance assistant, manufacturing supply-chain assistant, smart contract management, collateral registration automation, etc.) across finance, manufacturing, education, auto, banking, and insurance.
HCR Huichen (慧辰股份) is a data-analytics services firm for top enterprises and government, spanning business analytics and customized industry solutions on internal/external, consumer attitude/behavior, and industry data. It has launched AIGC-based products (DataGPT, InnoGPT, etc.) for consumer insight, product innovation, new-product intel, and reputation — fusing text/image generation and multilingual translation with business workflows.
1.2 Primary market
In September 2023, global AIGC financing totaled RMB 30.32 billion across 11 deals — hotter than August. Rounds at Series B and later (including strategic) accounted for 99.80% of global volume. The largest single raise globally and in China coverage: Anthropic, investor Amazon. Five deals exceeded RMB 100 million (45.5% of deal count).
Domestic AIGC financing totaled RMB 460 million across 9 deals — both down vs prior month. Largest domestic raise: Zhipu AI (over RMB 100 million). September national average check size: RMB 51.11 million.
2. Industry briefing
2.1 Overseas financings
Writer × ICONIQ Growth et al. — Sep 19: enterprise full-stack content AI Writer raised $100M Series B at a post-money valuation above $500M. Writer is a U.S. AI writing platform (generate, summarize, correct) focused on enterprise — content guidelines and company terminology for teams.
Anthropic × Amazon — Sep 25: Anthropic took a $4B strategic investment from Amazon — among the largest generative-AI raises globally; cumulative funding near $5.5B. Reuters / FT / Bloomberg framed the check as Amazon chasing Microsoft and Google for generative-AI cloud share.
2.2 Domestic financings
Guosheng Huaxing × Houxue Fund — Sep 1: angel round, exclusive Houxue. Founded 2018; AI/AR/big-data solutions with IP for military, government, and research.
Dalazhuang × China Merchants Capital et al. — Sep 1: B+ from China Merchants Shekou industrial innovation PE (joint with China Merchants Shekou). Founded Jul 2020; modular-construction “finished-goods e-commerce” with design-driven PaaS across design–quote–produce–deliver.
FancyTech × DCM et al. — Sep 5: nearly RMB 100M Series B, DCM lead; follow-ons from GSR Ventures, Huashan Capital. Prior investors include Yuanshu, Yuanyi, Zhonghe, and Unique Capital. FancyTech (时代涌现) is an AIGC commercial-video / intelligent content-marketing provider; entry product auto-generates product videos (VO, music, captions) from store authorization and tunes on user feedback.
Kua.ai × Yuanshu Ventures — Sep 5: angel. Founded 2022; AI-native marketing for cross-border e-commerce — data, content gen, and publish ops. Team lineage from DataStory content tech; explored GPT-2 text and multimodal marketing since 2021 (CEO Gong Yi).
DataCanvas (九章云极) × Huamin Fund — Sep 6: strategic, Huamin lead, RMB 80M. Prior: Longmen, ZGC Frontier, Data Capital, SAIF, Lingfeng, etc. Founded 2013; automated data-science platforms for data scientists and AI practitioners.
Kaiwang Data × Yasheng et al. — Sep 8: Pre-A tens of millions RMB, Yasheng lead, Qingzhi participate — third raise within a year (prior: Chentao, Plug and Play China, Sany, Xishan Angel). One-stop AI data automation for OEMs and AV companies.
Guiyi Intelligence × Leo Fund et al. — Sep 9: strategic tens of millions RMB from Leo Fund and Weiling Tech for marketing-domain models (AI ads, AI shopping guides). Products: Guiyi Miaoyu assistant and Guiyi Jinnang enterprise knowledge base; with Leo launched “Leo Guiyi” marketing LLM — company only ~2 months old at raise.
Zhipu AI × Tencent Strategic Investment et al. — Sep 19: Series B-4 with Tencent Strategic, Alibaba Cloud Strategic, and others; valuation about $1B. Spun from Tsinghua KEG (2019); GLM-130B was Asia’s only 2022 Stanford-benchmarked mainstream LLM. On Aug 31, among the first eight Cyberspace Administration–approved public LLM services; consumer product “Zhipu Qingyan” opened to the public.
Lingtu Innovation × Shenzhen Capital Group et al. — Sep 20: strategic from SCG, Penghui, Huaize Zhongzhao Angel. Founded 2020; multimodal AI from one sentence to image/video/VR-AR/3D; Oscar-scale CG datasets.
3. Report notes
Team: Unique Research is Unique Capital’s center for new-business innovation research — go-global enterprise services, new marketing/retail/experience, and data/AI/automation into consumer retail, local services, healthcare, etc.
Data: Financing analysis draws on Xiniu Data. Seed merged with angel in round stats. Lead investor estimated at 50% of round size; non-leads at average share. Percentages forced to sum to 100% (last residual; ~1% rounding). FX: pre-2023 amounts at Dec 31, 2022 rate; 2023 monthly amounts at deal-day rates.