Recently, TuringQ, a domestic leader in photonic quantum computing, announced the completion of two consecutive rounds of strategic financing within six months. In addition to CDH Investments, the financing saw joint participation from several institutions, including CAS Capital, Haitong Kaiyuan, and GAGE Capital. Existing shareholders also increased their stakes, demonstrating strong recognition from all parties of TuringQ's leadership and industrialization capabilities in the quantum computing sector.
TuringQ is a world-leading company specializing in photonic quantum computing. It is committed to driving a computing power revolution through photonic chips and quantum computing. The company has developed a full-stack, independently controllable product system integrating hardware and software, including chips, computers, and algorithm platforms. TuringQ has also participated in the construction of China's first pilot production line for photonic chips and the country's first Quantum AI Computing Center.
CDH Investments stated: "Quantum computing has become a core arena of competition among major global powers. In the near future, it is expected to reshape numerous industries such as finance, pharmaceuticals, and artificial intelligence. In recent years, CDH Investments has continued to place strategic bets on the quantum technology track, consistently focusing on teams with core independent technologies, clear industrialization paths, and the potential to define industry standards. As a leader in photonic quantum computing, TuringQ is the first domestic enterprise to achieve full-chain independent control, and we believe it possesses the potential to define the quantum computing industry."
Llinks acting as legal counsel to CDH Investments, provided professional legal services for this investment, leveraging its extensive project experience in the investment and financing sector.
Llinks Engagement Team
Selena She, Partner
Colin Shi, Partner
Geoffrey, Associate
