# Li Auto announces 1.625bn yuan financing for chip subsidiary

_Published Monday, October 19, 2026 at 1:19 PM EDT · Infrastructure · Latest · Tier 2 — Notable_

![Li Auto announces 1.625bn yuan financing for chip subsidiary — Primary](https://s.yimg.com/lo/mysterio/api/0005cb929f6a068044042f22cf442f764cc8f3201786dc87b06d54e83e2ce8c5/lightyear_networkapi/resizefill_w1200%3Bquality_80%3Bformat_webp/https%3A%2F%2Fmedia.zenfs.com%2Fen%2Fjust_auto_187%2F77c196d66beb862eed26fc74cfcea0bc.jpg)

Li Auto has announced agreements for 1.625bn yuan ($242.86m) in equity financing for Shanghai Mahe Xin Technology, its chip and domain controller business. Li Auto will provide 1bn yuan through a wholly owned subsidiary, while external investors will contribute 625m yuan.

The capital will support research, development and commercialisation. Li Auto will retain majority control and continue consolidating the unit's accounts. An investor also has a one-off right to invest up to 500m yuan by 31 December 2026. The transaction remains subject to standard closing conditions.

## Sources

- [Yahoo Finance](https://finance.yahoo.com/news/li-auto-announces-1-625bn-124331079.html)

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Canonical: https://techandbusiness.org/newswire/bvvlOGKtbQWuv3DqElYHvs
Published: 2026-10-19T17:19:13.131Z
Story chronology: 2026-10-19T12:43:31.000Z
Retrieved: 2026-10-19T20:19:21.666Z
Publisher: Tech & Business (techandbusiness.org)