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Recently, Tongyi Qianwen's affiliated company, Tongyi Yunqi (Hangzhou) Information Technology Co., Ltd., underwent a business change, with its registered capital increasing from 100 million Chinese yuan to 200 million Chinese yuan, a 100% increase. Meanwhile, Hangzhou Tongyi Lab Technology Co., Ltd. was added as a shareholder, and currently, it is jointly held by Alibaba Cloud Computing Co., Ltd. and the company.
The company was established in November 2018, with Yu Wenyuan as its legal representative. Its business scope covers advertising production, wholesale of computer software and hardware and auxiliary equipment, sales of electronic products, and other businesses.