The Role of Alibaba and Ant Group in Megvii’s Ownership Stake Structure

In the attached report, RWR seeks to illu­mi­nate the nature of Alibaba’s and Ant Group’s past invest­ments and own­er­ship in Megvii Tech­nol­o­gy, a com­pa­ny that was added in Octo­ber 2019 to the “Enti­ty List” for being “impli­cat­ed in human rights vio­la­tions and abus­es in the imple­men­ta­tion of Chi­na’s cam­paign of repres­sion, mass arbi­trary deten­tion, and high-tech­nol­o­gy sur­veil­lance against Uighurs, Kaza­khs, and oth­er mem­bers of Mus­lim minor­i­ty groups in the [Xin­jiang Uighur Autonomous Region].” The “Enti­ty List” is an offi­cial­ly des­ig­nat­ed set of com­pa­nies that are sub­ject to stricter export con­trols, as admin­is­tered by the Bureau of Indus­try and Secu­ri­ty under the U.S. Depart­ment of Com­merce.