Tongyi Qianwen’s Affiliate Boosts Capital to 200 Million Yuan, Nearly Doubling Its Initial Investment
2 day ago / Read about 0 minute
Author:小编   

Recently, Tongyi Yunqi (Hangzhou) Information Technology Co., Ltd., a subsidiary of Tongyi Qianwen, has undergone significant industrial and commercial updates. Specifically, Hangzhou Tongyi Laboratory Technology Co., Ltd. has been introduced as a new shareholder, leading to a substantial increase in the registered capital—from 100 million yuan to 200 million yuan, representing a nearly 100% surge. Founded in November 2018, the company is headed by legal representative Yu Wenyuan and is now co-owned by Alibaba Cloud Computing Co., Ltd. and the newly incorporated shareholder.