9 Buzzing AI Stocks on Latest News and Ratings

8. Lichen China Limited (NASDAQ:LICN)

Number of Hedge Fund Holders: 1

Lichen China Limited (NASDAQ:LICN) is a Chinese leading provider of financial and taxation solution services, education support services, and software and maintenance services. On February 10, the company announced that it had completed its acquisition of the remaining 40% equity interest in Bondly Enterprises Limited (“Bondly”). Bondly is a domestic consulting firm specializing in business process management and informationization. Lichen China initially purchased 60% equity in Bondly back in 2024, and with the acquisition of the remaining equity interest by Lichen, Bondly is now a wholly-owned subsidiary of Lichen China. The move will allow Lichen China to fully integrate Bondly’s advanced technologies and AI capabilities into its operations, strengthening its foothold in the AI and technology sectors. Bondly features a proprietary AWS BPM system that allows seamless integration across applications, departments, and business environments. Its expertise in AI development and strong client base will help Lichen China expand into the AI sector.

“The acquisition of the remaining 40% equity in Bondly is a strategic move that allows us to fully leverage Bondly’s technological expertise and AI capabilities. This transaction not only strengthens our control over Bondly’s operations but also positions us to accelerate the development of our AI-driven solutions, particularly our flagship product, the Lichen AI Robot. We believe that Bondly’s core technologies and talented team will play a pivotal role in our future growth and innovation.”

– Mr. Ya Li, Chairman and CEO of Lichen China, commented on the acquisition.