Li Auto-W (02015.HK) introduces external equity financing for Machxin Technology through a Machxin Technology capital subscription agreement.

Zhitong Finance APP News, Li Auto-W (02015.HK) announced that on October 16, 2026, Mahexin Technology (an indirect wholly-owned subsidiary of the Company as of the date of this announcement) entered into a controlling shareholder subscription agreement with Mahezhi Smart Core Technology, pursuant to which Mahezhi Smart Core Technology conditionally agreed to subscribe for newly added registered capital of Mahexin Technology of RMB 42.8266 million at a total purchase price of RMB 1 billion; and Mahexin Technology, Mahezhi Smart Core Technology and the investors entered into a Mahexin Technology capital subscription agreement, pursuant to which the investors conditionally agreed to subscribe for newly added registered capital of Mahexin Technology in an aggregate amount of RMB 26.7666 million at a total purchase price of RMB 625 million. This round of equity financing for Mahexin Technology was led by Hangzhou Jingtao, BlueRun Ventures and Huaye Tiancheng, with participation from MiraclePlus.