Tongyi Qianwen Related Company's Registered Capital Doubles, Alibaba Cloud and Hangzhou Tongyi Lab Co-own Shares
Tongyi Yunqi (Hangzhou) Information Technology Co., Ltd., a company related to Tongyi Qianwen, recently completed a business registration change, with its registered capital increasing from 100 million yuan to 200 million yuan, a 100% increase. At the same time, Hangzhou Tongyi Lab Technology Co., Ltd. was added as a shareholder, co-owning shares with Alibaba Cloud Computing Co., Ltd. The company was established in November 2018, with Yu Wenyuan as its legal representative. Its business scope includes advertising production, wholesale of computer software and hardware, and sales of electronic products.