MiniMax Affiliated Company Increases Registered Capital 300% to 4B RMB

MiniMax-linked Shanghai Xiyu Jizhi Technology Co., Ltd. raised its registered capital from 1 billion RMB to 4 billion RMB.

The update came through a recent business registration change, according to Tianyancha App data.

A fourfold capital increase may signal stronger financial backing for expansion and AI infrastructure.

It could help support more compute, product development, and competition in China’s fast-moving AI market.