Accumulated investment of 7.6 billion yuan, the industry investor with the highest shareholding ratio in Alibaba Growth Xin Technology According to Golden Finance, on July 9th, Alibaba invested approximately 7.6 billion yuan in Changxin Technology, making it the industry investor with the highest shareholding ratio. According to the prospectus and public information of Changxin Technology, Alibaba Group first invested in Changxin Technology in December 2021. After multiple rounds of financing dilution, the corresponding shareholding ratio of this investment is about 1%. In June 2025, three and a half years later, Alibaba Group made a significant additional investment, increasing its pre IPO shareholding ratio to around 5%, with Alibaba Cloud Computing holding 3.85% and Alibaba Network holding 1.12%. As a result, Alibaba has invested approximately 7.6 billion yuan in Changxin. It is understood that Alibaba Cloud Computing is also one of the largest single investors in Changxin Technology's last round of capital increase before going public. (Securities Times)