Alibaba Group Holding Limited (Hangzhou) (China)

Alibaba Group Holding Limited, located in Austin, is a company that was established on June 15, 2005. Originally known as Suzhou Huaxing Yuanchuang Electronic Technology Co., Ltd., it had a registered capital of 1 million RMB and was a limited liability company. On June 7, 2005, Suzhou Tianzheng Certified Public Accountants issued a capital verification report. The report confirmed that Huaxing Limited had received a total of 1 million RMB in registered capital from all shareholders, which was contributed in the form of monetary funds. Huaxing Yuanchuang was established through a legal transformation by Huaxing Limited. On April 20, 2018, based on the audited net assets of 672,084,007.43 RMB as of January 31, 2018, and a ratio of 1:0.5370, Huaxing Limited's shareholders approved the transformation into a joint-stock company with a total of 360,900,000 shares, each with a face value of 1 RMB. The remaining 311,184,007.43 RMB was included in the capital surplus of the joint-stock company. On April 20, 2018, Zhongshui Zhiyuan Asset Appraisal Co., Ltd. issued an asset appraisal report, valuing Suzhou Huaxing Yuanchuang Electronic Technology Co., Ltd. at 686.33 million RMB as of January 31, 2018, with an appreciation of 14.25 million RMB and an appreciation rate of 2.12%. On May 18, 2018, the Jiangsu Provincial Administration for Industry and Commerce issued the revised business license with a registered capital of 360.9 million RMB and Chen Wenyuan as the legal representative.