Shuangshen Technology received nearly 50 million yuan in financing

Shuangshen Technology focuses on image and video data compression in the ToB Internet and security monitoring fields. The image compression server launched uses the self-developed ANF codec algorithm (revolutionary use of a new generation of artificial intelligence technology), which can help enterprises reduce 50%-80 % storage and bandwidth costs. Recently, Shuangshen Technology has obtained a new round of financing of nearly 50 million yuan. It is the exclusive strategic investment of Hanlian Industrial Fund, and Yi Ping Capital serves as the exclusive financial advisor. This round of financing is mainly used to increase investment in research and development of underlying codec technology, and to promote the application of technology in various industries.

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