Li Auto raises RMB1.625 billion to boost chip and domain controller business via equity financing.

Li Auto Inc. announced that its subsidiary MHX Technology secured RMB1.625 billion through equity financing, with RMB1.0 billion from Li Auto and RMB625 million from external investors. This funding will support MHX Technology's chip and domain controller R&D and commercialization, aiming to expand beyond automotive sectors and achieve economies of scale. The company also introduced share incentive plans to retain key talent, maintaining majority control of MHX Technology. Completion depends on customary closing conditions, positioning Li Auto to strengthen its technology platform for future growth.

Li Auto's stock is currently trading at USD 11.36 on Pluang, down 0.87% for the day. As of Oct 16, 2026 15:21 WIB, the company has a market cap of $11.28 billion with a 52-week low of $10.69 and a high of $22.57, while most Pluang users are selling the stock with 95% sell orders.