# Shanghai Mahexin Technology raises RMB 1.625 billion in equity financing

According to the Beijing News, Shanghai Machin Technology, a chip subsidiary of Li Auto, completed its first round of equity financing of RMB 1.625 billion. Hangzhou Jingtao, Lanchi Venture Capital, Huaye Tiancheng led the investment, and Qiji Chuangtan participated. The post-investment valuation is as high as RMB 17.1 billion.



Canonical: https://uniquebase.ai/news/54128c0a-ad66-40b6-9838-edb88668a506
Stable identifier: 54128c0a-ad66-40b6-9838-edb88668a506
Snapshot captured: 2026-10-22T00:50:17.160Z
English updated: 2026-10-22T08:52:22.364Z

## Connected profiles

- [Hangzhou Jingtao](/institutions/hangzhou-jingtao)
- [Huayetiancheng](/institutions/huayetiancheng)
- [Lanchi Venture Capital](/institutions/lanchi-venture-capital)
- [Qijichuangtan](/institutions/qijichuangtan)
- [Shanghai Mahexin Technology](/companies/UB-C11176)

## Sources

- https://news.sina.cn/2026-10-16/detail-inivmpqz6894308.d.html