Subsidiary of Tongyi Qianwen Secures 200 Million Yuan in Capital Increase
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Author:小编   

Data from the App Aiqicha reveals that Tongyi Yunqi (Hangzhou) Information Technology Co., Ltd., a subsidiary of Tongyi Qianwen, has recently undergone notable industrial and commercial modifications. Specifically, Hangzhou Tongyi Laboratory Technology Co., Ltd. has been introduced as a new shareholder, and the company's registered capital has surged from 100 million yuan to 200 million yuan, representing a substantial 100% increase. Founded in November 2018, the company is led by legal representative Yu Wenyuan. Its business scope encompasses advertising production, wholesale of computer software, hardware, and auxiliary equipment, as well as the sale of electronic products. Presently, the company is jointly owned by Alibaba Cloud Computing Co., Ltd. and Hangzhou Tongyi Laboratory Technology Co., Ltd.