斑马智行被阿里分拆独立上市

Core Viewpoint - Alibaba Group announced the proposed spin-off of Zhaoma Network Technology Co., Ltd. (Zhaoma Zhixing) for independent listing on the Hong Kong Stock Exchange, with Alibaba retaining over 30% ownership post-spin-off [2][4]. Company Overview - Zhaoma Zhixing was established in 2015 through a joint investment by SAIC Motor Corporation and Alibaba, focusing on providing intelligent automotive operating systems and solutions [4][8]. - As of the announcement date, Alibaba holds approximately 44.72% of Zhaoma Zhixing's shares, making it the largest shareholder [2][6]. Financial Performance - Zhaoma Zhixing reported revenues of approximately RMB 805.43 million, RMB 871.89 million, and RMB 823.79 million for the fiscal years 2022, 2023, and 2024, respectively [7]. - The company incurred total losses of RMB 878.19 million, RMB 876.16 million, and RMB 847.40 million during the same periods [7]. Market Position - Zhaoma Zhixing is recognized as the largest software-centric intelligent cockpit solution provider in China, with a compound annual growth rate of 67.2% in the deployment of its intelligent cockpit solutions from 2022 to 2024 [8]. - The company's intelligent cockpit solutions have been installed in over 8 million vehicles across more than 14 countries, making it a key player in the automotive technology sector [8].