斑马智行赴港IPO：阿里分拆智能汽车业务

Core Viewpoint - Alibaba Group plans to spin off its smart car business, Zhaoma Zhixing, and has submitted an IPO application for independent listing on the Hong Kong Stock Exchange [1] Group 1: Company Overview - Zhaoma Zhixing, established in 2015, is a joint venture between Alibaba and SAIC Motor Corporation, focusing on providing smart car operating systems, smart car solutions, and digital traffic solutions [1] - After the spin-off, Alibaba's shareholding in Zhaoma Zhixing will decrease from approximately 44.72% to over 30%, and Zhaoma Zhixing will no longer be included in Alibaba's consolidated financial statements, although it will remain an important associate company [1]