China National Data Group Completes Registration With RMB 30 Billion Capital
China National Data Group has completed registration with RMB 30 billion in registered capital. SASAC holds 20%, China Mobile, China Telecom and China Unicom hold 45% combined, China Southern Power Grid and State Grid hold 25% combined, and China Xiong'an Group holds 10%. Its scope covers big data, data processing, AI, blockchain, and cloud computing equipment services.