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In September 2026, National Data Group Co., Ltd. accomplished its industrial and commercial registration process in the Xiong'an New Area. The company appointed Jian Qin as its legal representative and secured a substantial registered capital of 30 billion yuan. Its extensive business scope encompasses a range of services, including big data services, data processing, the development of artificial intelligence application software, and the establishment of AI public data platforms, to name a few. Regarding the shareholder structure, the State-owned Assets Supervision and Administration Commission of the State Council holds a 20% stake. China Unicom, China Mobile, and China Telecom each possess a 15% stake. Meanwhile, State Grid and China Southern Power Grid each have a 12.5% stake, and China Xiong'an Group holds a 10% stake.
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