According to ME News, on October 27 (UTC+8), data from Qichacha shows that China National Data Group Co., Ltd. has completed its industrial and commercial registration with a registered capital of RMB 30 billion. The State Council’s State-owned Assets Supervision and Administration Commission (SASAC) has invested RMB 6 billion, holding a 20% stake; China Mobile, China Telecom, and China Unicom, the three major telecommunications operators, each invested RMB 4.5 billion, holding 15% each, for a combined stake of 45%; China Southern Power Grid and State Grid Corporation each invested RMB 3.75 billion, holding 12.5% each, for a combined stake of 25%; and China Xiong’an Group invested RMB 3 billion, holding a 10% stake.
The company’s business scope includes big data services, data processing and storage support services, artificial intelligence application software development, blockchain technology-related software and services, and cloud computing equipment technical services. (Source: Foresight News)
State Data Group Completes Registration, Includes Blockchain Technology in Business Scope
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Summary
State Data Group Completes Registration and Includes Blockchain Technology in Its Business Scope. The company, spun off from MetaEra, was registered on October 27, 2026, with a registered capital of RMB 30 billion. SASAC holds a 20% stake, while China Mobile, China Telecom, and China Unicom each hold 15%. Its business scope encompasses big data, AI software, blockchain technology, and cloud computing. The inclusion of blockchain technology reflects growing interest in decentralized infrastructure. Inflation data tracking and data processing are also core components of its services.
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