Alibaba employees' 13th month salary merged into year-end bonus
Alibaba is consolidating its 13th-month salary payment into its annual bonus, rebranding it as the "Marching Forward Together Award" starting in fiscal year 2027. This change will alter the payment schedule from the previous spring disbursement to coincide with the annual bonus distribution. In a separate development, Enjie Co. is acquiring Jiangsu SK from SKIET for 400 million yuan to expand its lithium-ion battery separator production capacity. AI
IMPACT Alibaba's bonus structure change has minimal direct impact on AI operations, while the Enjie acquisition supports battery production for AI-related hardware.