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On the Record · Li Auto

Li Auto acquisitions, on the record

The businesses Li Auto bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Chongqing Lifan Automobile Co., Ltd. (renamed Chongqing Zhizao Automobile Co., Ltd.)
Word for word“In December 2018, we acquired Chongqing Lifan Automobile Co., Ltd., and later changed its name to Chongqing Zhizao Automobile Co., Ltd.” 20-F for 2023
acquisitionDecember 2018—
Beijing CHJ and its subsidiaries (control gained through contractual arrangements via Wheels Technology)
Word for word“In July 2019, Li Auto Inc. gained control over Beijing CHJ and its subsidiaries through Wheels Technology by entering into a series of contractual arrangements with Beijing CHJ and its shareholders.” 20-F for 2023
acquisitionJuly 2019—
Suzhou Huichuan United Power System Co., LTD (Note 5 acquisition, as the excerpt is cut off)
Word for word“In July 2021, Beijing CHJ, a wholly owned subsidiary of the Group, and Suzhou Huichuan United Power System Co., LTD” 20-F for 2023
acquisitionJuly 2021—
Chongqing Lifan Automobile Co., Ltd. (later renamed Chongqing Zhizao Automobile Co., Ltd.)
Word for word“In December 2018, we acquired Chongqing Lifan Automobile Co., Ltd., and later changed its name to Chongqing Zhizao Automobile Co., Ltd.” 20-F for 2024
acquisitionDecember 2018—
Beijing CHJ and its subsidiaries
Word for word“In July 2019, Li Auto Inc. gained control over Beijing CHJ and its subsidiaries through Wheels Technology by entering into a series of contractual arrangements with Beijing CHJ and its shareholders.” 20-F for 2024
acquisitionJuly 2019—
Changzhou Huixiang New Energy Auto Parts Co., Ltd.
Word for word“In July 2021, Beijing CHJ, a wholly owned subsidiary of the Group, and Suzhou Huichuan United Power System Co., LTD (“Suzhou Huichuan”), an independent third party, signed a shareholders’ agreement to establish Changzhou Huixiang, which engaged in producing auto parts for NEVs.” 20-F for 2024
acquisitionJuly 2021—
Chongqing Lifan Automobile Co., Ltd.
Word for word“In December 2018, we acquired Chongqing Lifan Automobile Co., Ltd., and later changed its name to Chongqing Zhizao Automobile Co., Ltd.” 20-F for 2025
acquisitionDecember 2018—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)
2020-12-31$5.4 million

Read from Li Auto’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-04-10. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.