Beijing Changting Technology Company increased its capital to 340 million, an increase of 580%

According to the Tianyancha App, recently, Beijing Changting Technology Co., Ltd. underwent a business change, with its registered capital increasing from 50 million RMB to 340 million RMB, an increase of 580%. Beijing Changting Technology Co., Ltd. was established in July 2014, with Zhu Wenlei as the legal representative. Its business scope includes the development of artificial intelligence basic software, network and information security software development, data processing services, information technology consulting services, computer system services, and digital cultural creative software development, among others. The equity penetration information shows that the company is wholly owned by Beijing Changting Future Technology Co., Ltd., which is jointly held by Alibaba Network Technology Co., Ltd., Beijing Diting Wanlai Enterprise Management Consulting Center, Tianjin Leichi Wanjun Enterprise Management Consulting Center, and others. According to media reports, in May of this year, Changting Technology announced the completion of a spin-off financing round exceeding 1 billion RMB, led by Shanghai International Asset Management and its affiliated industrial fund