News released by the State Administration of Market Supervision of China shows that China Unicom Innovation and Entrepreneurship Investment Co., Ltd. and Shenzhen Tencent Industrial Venture Capital Co., Ltd. have been unconditional approval.

According to the official website of the State Administration of Market Supervision of China, the list of concentrated cases of unconditional approval operators from October 17th-October 23, released on October 27, shows that China Unicom Innovation and Entrepreneurship Investment Co., Ltd. and ShenzhenMunicipal Tencent Industrial Venture Capital Co., Ltd. was approved unconditionally, and the conclusion time was October 18.

Comprehensive reports of daily economic news, first financial and IT home, after the news is released, the communication concept stocks move on Wednesday (November 2) in the afternoon, China Unicom's daily limit, Wuhan Fangu, Oriental Communications, Yitong Century, Zhongfitong, Beiwei Technology, etc. have risen.

It is reported that newly established joint ventures to be mainly engaged in the content distribution network (CDN) and marginal computing business.After the transaction is completed, China Unicom Venture Capital, Tencent Industry Investment, and relevant employee holding platforms will hold 48%, 42%, and 10%equity of joint ventures, and Unicom Venture Capital and Tencent Industry Investment shall jointly control joint venture.

Pang Yan, chief economist and director of the research department of the Greater China, said that the promotion of mixed reform cooperation with high -quality private enterprises and high -quality private enterprises will help the state to promote high economic development through all -round reforms and high levels of opening up.Quality, and continue to develop public ownership as the main body and various ownership economies, actively develop the mixed ownership economy, promote cross -shareholding ratio and integration of state -owned capital, collective capital, non -public capital, etc.State -owned enterprises, optimize the investment environment and business environment, continue to promote industrial upgrading with scientific and technological empowerment, intelligent transformation, and digital transformation, and continue to strengthen the leading role of consumption strategies to expand the strategy of domestic demand on economic cycle.

China Unicom Venture Capital was established in Beijing in April 2014. The main business is to invest in its own funds.Unicom Venture Capital's ultimate controller is China United Network Communication Group Co., Ltd., the main business is communication, communication facilities services, network access, telecommunications value -added business, and related system integration businesses.

Tencent Industry Investment was established in Guangdong Province in September 2019. The main business is entrepreneurial investment, corporate management consulting, and investment consulting.The final controllers of Tencent's production investment are Tencent Holdings Co., Ltd., the main businesses include communication social, digital content, and fintech.