Cumulatively invested 7.6 billion yuan, Alibaba Growth Xin Technology is the industry investor with the highest shareholding proportion

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Golden Finance reported that on July 9, Alibaba had cumulatively invested about 7.6 billion yuan in Changxin Technology, making it the industry investor with the highest shareholding ratio. According to Changxin Technology’s IPO prospectus and public information, Alibaba first took an equity stake in Changxin Technology in December 2021. After dilution through multiple rounds of financing, the investment corresponded to a shareholding of about 1%. In June 2025, after three and a half years, the Alibaba-related entity made a major follow-on investment, increasing its pre-IPO shareholding ratio to about 5%. Of this, Alibaba Cloud Computing holds 3.85% and Alibaba Network holds 1.12%. As a result, the Alibaba-related entities have cumulatively invested about 7.6 billion yuan into Changxin Technology. It is understood that Alibaba Cloud Computing is also one of the largest single investors in the final round of capital increase prior to Changxin Technology’s listing. (Securities Times)
BABA2.99%
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