Wulan Chabu Data Port Technology Co., Ltd announced that it expects to receive CNY 95 million in funding from Shanghai AtHub Co.,Ltd.
August 21, 2019
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Wulan Chabu Data Port Technology Co., Ltd. announced that it will receive CNY 95,000,000 in equity round of funding on August 22, 2019. The transaction included participation from returning investor Shanghai AtHub Co., Ltd. (SHSE:603881). Post closing, the registered capital will increase from CNY 10,000,000 to CNY 105,000,000 and the investor will continue to retain its 100% stake in the company. The transaction has been approved by the 14th meeting of the 2nd directorate of the investor.
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.
SHANGHAI @HUB CO.,LTD. 
