iFlytek (Chinese: 科大讯飞; pinyin: Kēdà Xùnfēi), styled as iFLYTEK, is a partially state-owned Chinese information technology company established in 1999.[1] It creates voice recognition software and 10+ voice-based internet/mobile products covering education, communication, music, intelligent toys industries.[2] State-owned enterprise China Mobile is the company's largest shareholder.[3] The company is listed in the Shenzhen Stock Exchange and it is backed by several state-owned investment funds.[4][5]
^Luong, Ngor; Fedasiuk, Ryan (2022-06-22), "State plans, research, and funding", Chinese Power and Artificial Intelligence (1 ed.), London: Routledge, pp. 3–18, doi:10.4324/9781003212980-2, ISBN978-1-003-21298-0, Similarly, iFlyTek received $2.9 million (18.5 million RMB) investment from Hefei Venture Capital Guidance Fund. This state-sponsored funding accounts for nearly 8 percent of the company's equity shares.