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China

Li Auto’s chip subsidiary signs agreements for CNY 1.625 billion in first-round equity financing

On October 16, Li Auto Inc. (Li Auto) announced that its chip subsidiary, Shanghai Mahe Xin Technology Co., Ltd. (MHX Technology), had signed agreements for its first round of equity financing totaling CNY 1.625 billion.
The funding round was led by Hangzhou Jingtao and other investors. Hangzhou Jingtao and its affil....

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