Li Auto chip subsidiary MHX Technology signs RMB 1.63 billion equity financing deal
LI•Li Auto subsidiary MHX Technology entered agreements for RMB 1.63 billion in equity financing for its chip and domain controller business. Li Auto will invest RMB 1 billion, while external investors will contribute RMB 625 million.
1. Financing details
Li Auto subsidiary MHX Technology entered equity financing agreements totaling RMB 1.63 billion for its chip and domain controller business. Li Auto will invest RMB 1 billion through a wholly owned subsidiary, and external investors will contribute RMB 625 million; Hangzhou Jingtao Additional Investor can invest up to RMB 500 million at the same subscription price by December 31, 2026. MHX Technology will adopt two share incentive plans, and Li Auto would retain approximately 74.01% ownership and control if both plans are fully utilized and the subscription right is fully exercised.
