On December 6, Huawei Cloud Computing Technology Co., Ltd. was founded with the registered capital of 50 million Yuan. The company is 100% owned by Huawei Technologies Co., Ltd., and actually controlled by the council of trade unions of Huawei Investment and Holding Co., Ltd. Its legal representative, chairman and general manager is Zheng Yelai, the Vice President of Huawei and the President of Huawei cloud business.
It is reported that Ulanqab Huawei Cloud Computing Technology Co., Ltd. was established on November 28 with the same amount of registered capital of 50 million Yuan. The legal representative is also Zheng Yelai.