On May 4, China Unicom's WeChat public account announced that China Unicom and Tencent have established a new company. On April 26, China Unicom and Tencent further deepened their cooperation, and jointly funded and established Yunzhou Times Technology Co., Ltd. (hereinafter referred to as "Yunzhou Times") was formally established in Beijing.
In October 2022, the State Administration for Market Regulation announced that the new joint venture between China Unicom Venture Capital and Tencent Industrial Investment was approved. Subsequently, China Unicom issued an announcement saying that based on the company's strategic needs to fully advance into the digital economy, its subsidiary Unicom Venture Capital plans to establish a new joint venture with Tencent Venture Capital, mainly engaged in content distribution network (CDN) and edge computing business.
The 20th National Congress of the Communist Party of China drew up a grand blueprint for comprehensively promoting the great rejuvenation of the Chinese nation with Chinese-style modernization, and made a strategic deployment of "accelerating the construction of a network power and a digital China" and "accelerating the development of a digital economy". China Unicom adheres to the responsibility of "digital information infrastructure operation and service to the national team, the main force in the construction of a digital China's smart society with a network power, and the pioneer of digital technology integration and innovation", and under the strategic guidance of "strengthening the foundation, keeping the integrity and innovation, and integrating and opening up" Next, vigorously develop the five main responsibilities and main businesses of "big connection, big computing, big data, big application, and big security", firmly strive for the main channel of the digital economy, comprehensively promote the "1+9+3" strategic planning system, and conscientiously implement the " Nine unswerving", forming a landmark achievement.
Tencent adheres to the concept of "user-oriented, technology for good", takes root in the consumer Internet, embraces the industrial Internet, and through technological innovation and technology accumulation, helps all walks of life to upgrade digitally and promote sustainable social development.
Cloud era will actively implement China Unicom's strategic business layout and the requirements of tempering specialization and new capabilities, synergistically leverage Tencent's advantages, and strive to become a new type of infrastructure builder for a digital China smart society with a network power. With the support of both shareholders, through independent research and development, construct independent controllable, differentiated CDN acceleration, MEC series products and related digital innovation business systems, relying on China Unicom's strong network resources and capabilities, combined with Tencent's related technologies, consumption and industries Internet ecology, focusing on the core technology of computing power boutique network, expanding the CDN and edge computing industry chain, providing a new generation of CDN and edge computing services for digital government, artificial intelligence and other fields.
Digression:
For China Unicom , on the one hand, this cooperation can enhance its competitiveness in related fields, and on the other hand, it may also allow China Unicom to make more attempts in future financing and broaden the road for high-quality development. For Tencent , on the one hand, relying on the cooperation with China Unicom, it can expand the scope of activities in terms of market channels, and on the other hand, it may further develop at the capital level based on the long-term cooperation between the two parties.
The establishment of a joint venture between China Unicom and a venture capital company affiliated to Tencent also provides a broader space for imagination for innovative cooperation between operators and Internet companies, especially cooperation at the capital level .
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