[National Data Group Completes Business Registration with 30 Billion Yuan Capital; Three Major Telecom Operators Hold 45% Stake] According to data from Qichacha, on October 27th, the State Data Group Co., Ltd. has completed its business registration with a registered capital of 30 billion yuan. The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) invested 6 billion yuan, holding 20% of the shares; China Mobile, China Telecom, and China Unicom each invested 4.5 billion yuan, holding 15% each, for a total of 45%; China Southern Power Grid and State Grid each invested 3.75 billion yuan, holding 12.5% each, for a total of 25%; and China Xiong'an Group invested 3 billion yuan, holding 10%. The company's business scope includes big data services, data processing and storage support services, artificial intelligence application software development, blockchain technology-related software and services, and cloud computing equipment technology services.