Shanghai Spacecom Satellite Technology Ltd. announced that it has received CNY 6.7 billion in funding from National Manufacturing Transformation Upgrade Fund Co., Ltd., Guosheng Capital, Shanghai SAIC Hengxu Investment Management Company Limited, Shanghai Alliance Investment Ltd., Asiainfo Security Technologies Co.,Ltd.
February 01, 2024
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Shanghai Spacecom Satellite Technology Ltd. announced that it has received CNY 6,500,000,000 led by new investors National Manufacturing Transformation and Upgrading Fund (NMTUF) on February 1, 2024. The transaction included participation from other new investors Shanghai authority-linked Guosheng Capital, Hengxu Capital, backed by Chinese state-owned car maker SAIC, and CAS Capital, a different investment firm associated with Chinese Academy of Sciences, Asiainfo Security Technologies and Shanghai Alliance Investment.
Asiainfo Security Technologies Co Ltd is a China-based company mainly engaged in national network security software publishing. The Company's product system mainly includes digital trust and identity security product system, endpoint security product system, cloud network edge security product system and network security service system. The Company also engages in businesses related to cloud network virtualization basic software product system. The Company's products and services are used in key information infrastructure industries such as telecom operators, finance, government, manufacturing, healthcare, energy, and transportation.
Shanghai Spacecom Satellite Technology Ltd. announced that it has received CNY 6.7 billion in funding from National Manufacturing Transformation Upgrade Fund Co., Ltd., Guosheng Capital, Shanghai SAIC Hengxu Investment Management Company Limited, Shanghai Alliance Investment Ltd., Asiainfo Security Technologies Co.,Ltd.