Alibaba’s cumulative investment in the memory-chip company reached about 7.6 billion yuan, lifting its combined pre-IPO stake to about 5% after a June 2025 follow-on deal, according to Securities Times and Odaily.
Changxin Technology, a developer, manufacturer and seller of memory chips, has received cumulative Alibaba-backed investment of about 7.6 billion yuan, according to Odaily and Securities Times. Securities Times reported on July 9 that Alibaba first invested in December 2021 and increased its position through a major follow-on investment in June 2025, lifting its combined pre-IPO stake to about 5%. The holding includes 3.85% owned by Alibaba Cloud Computing and 1.12% by Alibaba Network, making Alibaba the industry investor with the highest shareholding ratio, according to the report.