According to Odaily, Ant Blockchain Technology (Shanghai) Co., Ltd. has recently undergone a business change, increasing its registered capital from 100 million RMB to 1.5 billion RMB. The company, established in December 2018, is legally represented by Lin Yifei. Its business scope includes software development, internet data services, information system operation and maintenance services, retail of computer software and hardware and auxiliary equipment, and information technology consulting services. It is wholly owned by Ant Chain (Shanghai) Digital Technology Co., Ltd.
Notably, Ant Chain (Shanghai) Digital Technology Co., Ltd. also recently increased its registered capital, from 100 million RMB to 2.107 billion RMB. This significant increase in registered capital for both companies indicates a strong financial position and potential for future growth and expansion.
