[Ali takes a stake in micro display manufacturer JBD] according to App, recently, industrial and commercial changes have taken place in JBD affiliated company Shanghai Xianyao display Technology Co., Ltd., shareholders have added Zhejiang Alibaba Cloud Computing Co., Ltd., and the company's registered capital has increased from about 51.97 million yuan to about 53.74 million yuan. Shanghai Xianyao display Technology Co., Ltd. was established in October 2015, with Li Qiming as its legal representative. Its business scope includes technical services in the field of display technology, IC chip design and services, IC chip and product manufacturing, etc.