Ma Yun And Xie Shihuang No Longer Serve As Shareholders

According to the news in May and September, the media learned that Tianyan data showed that recently, Hangzhou Ali Venture Capital Co., Ltd. had undergone industrial and commercial changes. Ma Yun and Xie Shihuang no longer served as shareholders of the company, and the new shareholder was Hangzhou Zhenxi Investment Management Co., Ltd.

Hangzhou Ali Venture Capital Co., Ltd. was established in October 2006 with a registered capital of 260 million RMB, which is one of the investment entities of Alibaba. Dai Shan is the legal representative, chairman and general manager of the company, whose business scope includes venture capital business, venture capital consulting business (except securities and futures), and providing entrepreneurial management services for start-up enterprises.

Before the industrial and commercial change, Ma Yun held 80% of the shares of Hangzhou Ali Venture Capital Co., Ltd., and Xie Shihuang held 20% of the shares.

At present, Hangzhou Zhenxi Investment Management Co., Ltd. holds 100% shares of Hangzhou Ali Venture Capital Co., Ltd. The shareholders behind Hangzhou Zhenxi Investment Management Co., Ltd. also include Zhang Yong, Zhao Ying, Zheng Junfang, Tong Wenhong, Shao Xiaofeng, etc.

Hangzhou Zhenxi Investment Management Co., Ltd. has a number of foreign investment subsidiaries, including Zhejiang Taobao Network Co., Ltd. and Zhejiang tmall Network Co., Ltd.

The media noted that on April 9, Yuantong Express announced that it had received a notice from Hangzhou Ali Venture Capital Co., Ltd. (hereinafter referred to as "Ali venture capital") holding more than 5% of its shares. In order to coordinate with the optimization and adjustment of Alibaba Group's internal structure, Ma Yun and Xie Shihuang respectively transferred 80% and 20% of their shares of Alibaba venture capital to Hangzhou Zhenxi.

After the equity change, Hangzhou Zhenxi holds 100% equity of Ali venture capital, and Ali venture capital holds 9.89% equity of Yuantong express. Ali venture capital and rookie supply chain are still acting in concert, holding 10.48% shares of Yuantong express. Ma Yun will no longer hold the equity of Alibaba venture capital, nor will he own the interest of Yuantong express.