Nantong AtHub Information Technology Co., Ltd. announced that it expects to receive CNY 90.9 million in funding from Shanghai AtHub Co., Ltd.
March 11, 2020
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Nantong AtHub Information Technology Co., Ltd. announced that it will receive CNY 90,900,000 in a round of funding on March 12, 2020. The company will issue common shares in the transaction. The transaction will include participation from returning investor Shanghai AtHub Co., Ltd. (SHSE:603881). Post the transaction the registered capital of the company will increase from CNY 165,000,000 to CNY 255,900,000. The transaction has been approved in the 17th 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. 
