China Telecom Takes Stake in Hefei Shusuan Technology Company

36Kr learned that Tianyancha App records show that Hefei Shusuan Technology Co., Ltd. recently underwent a business registration change, adding China Telecom Co., Ltd. as a shareholder. At the same time, its registered capital was increased from RMB 20 million to about RMB 7.05 billion, an increase of about 35,172%. The company was founded in February 2024, and its legal representative is Zhang Yunlei. Its business scope includes cloud computing equipment technology services, artificial intelligence public data platforms, quantum computing technology services, and intelligent control system integration. It is now jointly held by Hefei Big Data Asset Operation Co., Ltd. and the newly added shareholder mentioned above.