Zhiji Auto is jointly created by SAIC Group, Pudong New Area and Alibaba

Zhiji Auto was jointly established by SAIC Motor, Pudong New Area and Alibaba Group on December 25, 2020. SAIC Motor invested 5.4 billion yuan and holds 54% of the shares; Zhangjiang Hi-Tech Park and Alibaba each invested 1.8 billion yuan and hold 18% of the shares respectively. Zhiji Auto has been attracting much attention since its establishment.