China Unicom increases capital to 31.26 billion
China Unicom has increased its registered capital to approximately 31.26 billion RMB, with Dong Xin taking over as chairman and legal representative from Chen Zhongyue. The company, established in December 2001, is jointly held by China United Network Communications Group Co., Ltd. and Shenzhen Tencent Xinda Enterprise Partnership (Limited Partnership), among others. Separately, a new investment company, Weiqi (Hainan) Investment Co., Ltd., was established with a registered capital of 10 million RMB, wholly owned by NIO's affiliate, Weiran (Nanjing) Power Technology Co., Ltd. AI
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