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Alibaba has invested a total of approximately 7.6 billion yuan in ChangXin Memory Technologies, making it the industry investor with the highest shareholding ratio.
BlockBeats News, July 9, according to Securities Times, Alibaba has cumulatively invested approximately 7.6 billion yuan in ChangXin Memory Technologies, making it the industry investor with the highest shareholding ratio.
According to ChangXin Memory Technologies’ prospectus and public information, Alibaba first took a stake in ChangXin Memory Technologies in December 2021. After dilution from multiple rounds of financing, the investment corresponded to a shareholding ratio of about 1%. In June 2025, more than 3 and a half years later, Alibaba added a large amount of additional investment, raising its pre-IPO shareholding ratio to about 5%, including Alibaba Cloud with 3.85% and Alibaba Network with 1.12%.
As a result, Alibaba has cumulatively invested approximately 7.6 billion yuan in ChangXin Memory Technologies. It is understood that Alibaba Cloud is also one of the largest single investors in the final round of capital increase prior to ChangXin Memory Technologies’ listing.