Ali every time after the increase in Shentong, ushered in a slump, this is no exception. On the evening of September 21, Shentong express announced that the controlling shareholder of the company, Deyin investment and the actual controller, signed the “amended and reshaped share option agreement” with Alibaba. According to the agreement, Alibaba invested 3.295 billion yuan and indirectly acquired 10.35% shares of Shentong express, and indirectly held 25% shares of Shentong express listed company. < p > < p > in the morning trading on the 22nd, Shentong express once approached the limit. By midday, Shentong express fell 8.44%, and its total market value plummeted by 2.1 billion yuan compared with the previous trading day. < p > < p > on September 21, Shentong express announced that the controlling shareholder of the company, Deyin investment and the actual controller, signed the amended and remodeled share option agreement with Alibaba. According to the agreement, Alibaba invested 3.295 billion yuan and indirectly acquired 10.35% shares of Shentong express, and indirectly held 25% shares of Shentong express listed company. Before the announcement, Shentong express rose sharply for three consecutive days. After the news landing, found that the good turned into bad, causing profit selling. < / P > < p > according to the announcement, there is a follow-up to the deal. According to the agreement, Alibaba network has the right to purchase 100% equity of the newly established company and gongzhirun controlled by Deyin investment, or 4.9% and 16.1% shares of Shentong express corresponding to their equity from the effective date of the agreement to December 27, 2022. < p > < p > this means that before December 27, 2022, Ali is still eligible to purchase about 20% of the equity from Shentong. If Ali exercises the right, then Ali’s shares will reach 45%, becoming the absolute largest shareholder of Shentong express. < p > < p > in March 2019, alibaba will acquire 49% equity of Deyin Derun with a transaction consideration of about 4.665 billion yuan, so as to indirectly control about 14.65% equity of Shentong express. < p > < p > then, only four months later, Shentong express announced on August 1, 2019, authorizing Alibaba to acquire 31.35% of Shentong’s equity at a price of RMB 9.982 billion. < p > < p > based on the current total capital stock of Shentong express, the share capital transferred this time is 15.308 × 31.35% = 479.9 million shares. The total exercise price of this option is 9.98 billion yuan, which will be equivalent to 20.80 yuan per share. According to the closing price of 29.64 yuan / share on July 31, the discount rate is as high as 30%. As a result, the market tends to think that the consideration for Ali’s shares is low, so they choose to vote with their feet. However, the stock price stabilized after falling by nearly 30%, which worried many investors that Shentong express’s share price would also be cut back this time < / P > < p > whether Ali will become the major shareholder of Shentong express is still uncertain. However, it has become an indisputable fact that Ali has dominated China’s largest express empire. < p > < p > on September 1, 2020, Yu weijiao, founder of Jiaolong group and Yuantong, and his wife Zhang Xiaojuan signed a share transfer agreement with alibaba.com. They intend to transfer 379 million shares to Alibaba network at a price of 17.406 yuan / share, accounting for 12% of the total share capital of the company. After the completion of the agreement, Alibaba network, Alibaba venture capital and rookie supply chain will jointly hold 22.5% equity of Yuantong. The total shareholding ratio of Jiaolong group, Yu Huijiao and Zhang Xiaojuan will drop from 53.65% to 41.65%. Yu Huijiao and Zhang Xiaojuan will remain the actual controllers of the company. < / P > < p > in addition to taking a stake in Yuantong, in May 2018, Ali and its rookies reached a strategic investment agreement with Zhongtong express, investing US $1.38 billion in Zhongtong express, with a shareholding of about 10%, becoming its second largest shareholder. In addition, Baishi group holds more than 2% of the total shares of Baishi group, accounting for about 2% of the total shares of Baishi group. Epic Games accused Google of monopolizing the latter, which may have a better chance than apple