Alibaba has cumulatively invested around 7.6 billion yuan in Changxin Technology, becoming the industry investor with the largest shareholding stake in the firm.
2026.07.09 22:54:16
According to Securities Times, Alibaba has cumulatively invested around 7.6 billion yuan in Changxin Technology, making it the industry investor with the highest shareholding ratio. Per Changxin Technology’s prospectus and public information, the Alibaba group first took a stake in Changxin Technology in December 2021. After dilution from multiple rounds of financing, the stake from this initial investment stood at around 1%. Three and a half years later, in June 2025, the Alibaba group made a large additional investment, raising its pre-IPO stake to around 5%: Alibaba Cloud holds 3.85% and Alibaba Network holds 1.12%. As a result, the Alibaba group’s total cumulative investment in Changxin Technology amounts to approximately 7.6 billion yuan. It is understood that Alibaba Cloud was also one of the largest single investors in the final round of capital increase before Changxin Technology’s listing.
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