On November 26, the news showed that on November 25, Nantong Haimen Ju Orange Cloud Electronic Technology Co., Ltd. was established, the legal representative was Zhou Ming, the registered capital was 500 million yuan, and the business scope included: integrated circuit chip and product sales; computer and communication equipment leasing; housing leasing; software development, etc.
The enterprise investigation of equity penetration shows that the company is 100% controlled by Alibaba Information Harbor (Jiangsu) Co., Ltd.
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