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Alibaba has cumulatively invested approximately 7.6 billion yuan in ChangXin Technology, becoming the industry investor with the highest shareholding ratio.

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Mars Finance News, July 9, according to Securities Times, Alibaba has cumulatively invested about 7.6 billion yuan in ChangXin Memory Technologies, making it the industry investor with the highest shareholding ratio. According to the ChangXin Memory Technologies prospectus and public information, Ali-affiliated entities first took a stake in ChangXin Memory Technologies in December 2021; after dilution from multiple rounds of financing, this investment corresponded to a shareholding ratio of about 1%. In June 2025, three and a half years later, Ali-affiliated entities made a major additional investment, raising the pre-IPO shareholding ratio to about 5%, including Alibaba Cloud Computing holding 3.85% and Alibaba Network holding 1.12%. As a result, Ali-affiliated entities have cumulatively invested about 7.6 billion yuan in ChangXin Memory Technologies. It is understood that Alibaba Cloud Computing was also one of the largest single investors in the final capital increase round before ChangXin Memory Technologies’ listing.
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