Hangzhou Data Port Information Technology Co., Ltd. announced that it expects to receive CNY 125.84 million in funding from Shanghai AtHub Co., Ltd.
August 23, 2020
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Hangzhou Data Port Information Technology Co., Ltd. announced that it will receive CNY 125,840,000 in a round of funding on August 24, 2020. The transaction will include participation from returning investor, Shanghai AtHub Co., Ltd. (SHSE:603881). Post closing, the registered capital will increase from CNY 164,160,000 to CNY 290,000,000. The transaction has been approved at the investor's 20th meeting of the 2nd directorate.
Shanghai AtHub Co Ltd is a China-based company that provides data center construction and services. The Company's Internet Data Center (IDC) service business is mainly engaged in data center server hosting services and data center value-added services, including planning consulting, design consulting, operation management outsourcing, acceptance verification and other services. The Company's IDC solution business mainly provides product portfolio services, including design and planning consulting, data center overall solution business, data center transformation business, and third-party custody services. The Company's cloud service sales business is mainly engaged in the sales of cloud services and products. The Company distributes its products within the domestic market.