Alibaba and Aisidi set up joint venture with registered capital of RMB100 million

The company’s business scope includes development and sales of group and network application software; design, production, processing of computer network products and provision of related technical services and consulting services; domestic trade; sales of home appliances, digital products, electronic products, and communication equipment.

The company’s business scope includes development and sales of group and network application software; design, production, processing of computer network products and provision of related technical services and consulting services; domestic trade; sales of home appliances, digital products, electronic products, and communication equipment.

At present, among its registered shareholders, Alibaba (China) Technology, holds 51% of the shares and is the largest shareholder.

Shenzhen Aisidi Co., Ltd., the A-share listed company, is the second largest shareholder with a 39% shareholding.

Guangdong Xinlian Investment Consulting Partnership (Limited Partnership) is the third largest shareholder with a 10% shareholding.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/19/alibaba-and-aisidi-set-up-joint-venture-with-registered-capital-of-rmb100-million/.

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