Li Auto Chip Subsidiary MHX Technology Signs RMB 1.63 Billion Equity Financing Deal

• Li Auto subsidiary MHX Technology entered agreements to raise RMB 1.63 billion in equity financing for its chip and domain controller business.
• The parent will invest RMB 1 billion through a wholly owned subsidiary; external investors will contribute RMB 625 million.
• Hangzhou Jingtao Additional Investor can invest up to RMB 500 million at the same subscription price by December 31, 2026.
• MHX Technology will adopt two share incentive plans for employees and key contributors.
• With both plans fully utilized and the subscription right fully exercised, the parent would retain approximately 74.01% ownership and control.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Li Auto Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610160431PRIMZONEFULLFEED9847193) on October 16, 2026, and is solely responsible for the information contained therein.