Zhengzhou big data Development Co., Ltd. registered capital of 200 million yuan, business scope includes database management; database services; data processing and storage services. The company is wholly owned by Zhengzhou Zhongrong Chuang Industrial Investment Co., Ltd., which is suspected to be controlled by Zhengzhou Finance Bureau. It will mainly undertake the construction, operation and maintenance of municipal "digital government", new intelligent city, "Internet" action and e-government project, and will be responsible for the operation of key intelligent city platforms and infrastructure in the city.
Digital Zhengzhou Technology Co., Ltd. is a joint venture between Alibaba (China) Network Technology Co., Ltd. and Zhengzhou Big Data Development Co., Ltd. with registered capital of 100 million yuan. Yu Jianwei is the legal representative and chairman of the company.
The establishment of the new company means the layout of Alibaba in Henan Province and Zhengzhou City. Digital Zhengzhou Science and Technology Co., Ltd. will specifically operate strategic cooperation projects between Alibaba and Zhengzhou Municipal Government in the fields of digital economy, smart city, government service and financial innovation.