GTCT Closes RMB 365 m Series D Round of Financing

Global Tone Communication Technology Co., Ltd. (GTCT) has completed the industrial and commercial changes in Series D round equity financing, raising 365 million yuan. CEC Data and Shanghai Shibei High tech have participated in this round of investment.

Global Tone Communication Technology Co., Ltd. (GTCT) has completed the industrial and commercial changes in Series D round equity financing, raising 365 million yuan. CEC Data and Shanghai Shibei Hi-Tech have participated in this round of investment.

China Translation Corporation as a controlling shareholder of GTCT continued to participate in this round of financing. China Translation Corporation is the first translation company in China, which is directly under China Publishing Group Corporation.

With this financing, GTCT will speed up its IPO in the science and technology innovation board (STAR Market).

Established in 2013, GTCT started as a developer of artificial intelligence language technology. Currently, the company focuses on financial technology, big data in science and technology, artificial intelligence, knowledge graphs and etc.

GTCT provides customized industry solutions for governments, enterprises, news media, financial investment institutions and other global industrial users.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/07/01/gtct-closes-rmb-365-m-series-d-round-of-financing/.

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