MiniMax lifting the ban soon, Alibaba and miHoYo, the two major strategic shareholders, expressed long-term optimism.

MiniMax will welcome its first batch of unlocked shares on July 9, 2026. It has been learned that MiniMax's two largest investors and strategic shareholders - Alibaba and miHoYo - have expressed long-term optimism about the development prospects of MiniMax and will continue to accompany the company's growth. Alibaba stated that it is optimistic about the transformation of the general artificial intelligence industry, as well as MiniMax's core advantages in technology innovation and commercialization. Alibaba will continue to deepen its ecological synergy with MiniMax in the fields of cloud computing and enterprise services, helping to accelerate its technological iteration and commercialization. miHoYo said that general artificial intelligence will be the most important technological force of change in the next decade, redefining content creation and even broader industry landscape. As a strategic investor, miHoYo will continue to deepen comprehensive coordination with MiniMax from basic technology to industrial ecology.