--- title: "TYM plans to jointly invest with East Coast Investment Company to establish a market-oriented operational platform for data element business" type: "News" locale: "en" url: "https://longbridge.com/en/news/287232291.md" description: "TYM and East Coast Investment Company jointly invested to establish Guangdong TYM Data Industry Co., Ltd., with a registered capital of 10 million yuan, in which TYM holds 80% of the shares. The company will focus on data collection, processing, storage, and other businesses, leveraging the policies of the Shantou Overseas Chinese Experimental Zone to promote diversified operations such as cross-border data labeling and compliance consulting, and to facilitate the development of the regional digital economy" datetime: "2026-05-21T13:46:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287232291.md) - [en](https://longbridge.com/en/news/287232291.md) - [zh-HK](https://longbridge.com/zh-HK/news/287232291.md) --- # TYM plans to jointly invest with East Coast Investment Company to establish a market-oriented operational platform for data element business According to the Zhitong Finance APP, TYM (301178.SZ) announced that the company plans to jointly invest with Shantou Donghaian Investment Construction Co., Ltd. (hereinafter referred to as "Donghaian Investment Company") to establish Guangdong TYM Data Industry Co., Ltd. (tentative name, subject to the name approved by the market supervision and management department, hereinafter referred to as "the Target Company"). The registered capital of the Target Company is 10 million yuan. TYM will subscribe for 8 million yuan, holding 80%; Donghaian Investment Company will subscribe for 2 million yuan, holding 20%. Currently, the innovation of artificial intelligence technology is driving the rapid development of new models and new formats of the intelligent economy. Data is the fundamental production factor of the intelligent economy, and high-quality datasets are the core corpus for the research and training of large models, supporting the implementation of intelligent applications and innovative services, and serving as a key hub to connect technology with industry applications. Relying on the largest international submarine cable landing station in the country, the Shantou Overseas Chinese Experimental Zone was approved at the beginning of 2025 to become the first national pilot for a dedicated cross-border data channel, becoming a pioneer in the national "data processing" initiative. This joint venture is centered around the advantageous business channels or advantageous regions of both parties, establishing a market-oriented operation platform for data factor business. Based on the "data processing" pilot policy of the Overseas Chinese Experimental Zone, the Target Company will gradually expand related businesses such as cross-border data labeling and data compliance consulting around data collection, processing, and storage, achieving diversified operations, bringing economic benefits to both parties, and promoting the development of the regional data labeling and other digital economy industries ### Related Stocks - [301178.CN](https://longbridge.com/en/quote/301178.CN.md) ## Related News & Research - [The memory shortage is minting winners. 3 stocks not named Micron that could cash in.](https://longbridge.com/en/news/290993057.md) - [REG - Janus Henderson NAV - Monthly Factsheet as at 31 May 2026](https://longbridge.com/en/news/290563693.md) - [ZAWYA: Mawarid Finance and Athar Finance announce strategic partnership](https://longbridge.com/en/news/290404663.md) - [REG - Henderson HighIncome - Monthly Factsheet as at 31 May 2026](https://longbridge.com/en/news/290564429.md) - [REG - HendersonFarE IncLtd - Monthly Factsheet as at 31 May 2026](https://longbridge.com/en/news/290564390.md)