A wholly-owned subsidiary of Xiaomi Finance established Hanhai Digital Technology with a registered capital of RMB 600 million

Recently, the news about the establishment of Beijing Hanhai Digital Technology Co., Ltd. has attracted widespread attention. According to the Tianyancha APP, the registered capital of this newly established company has reached 600 million yuan and is completely held by Xiaomi Finance (Hong Kong) Co., Ltd. Yue Kai serves as the legal representative of the company. The company's business scope covers many fields, including technical services, technology development, technical consulting, information consulting services (excluding licensing information consulting services), retail of computer software, hardware and auxiliary equipment, and advertising release, etc. Xiaomi Finance (Hong Kong) Co., Ltd. holds all the shares of the company. From the shareholder information, we can see the important position of the company in the project.

According to the editor’s understanding, the establishment of Beijing Hanhai Digital Technology Co., Ltd. is an important measure for Xiaomi Finance (Hong Kong) Co., Ltd. to further expand its business in the technology field. As a financial subsidiary of Xiaomi Group, Xiaomi Finance (Hong Kong) Co., Ltd. has been committed to innovating financial technology and continuously promoting digital transformation. By fully holding a stake in this newly established technology company, Xiaomi Finance (Hong Kong) Co., Ltd. will further broaden its business scope in technical services, consulting, and software and hardware sales.

Xiaomi Finance (Hong Kong) Co., Ltd.’s strategic layout in the technology field was demonstrated because Hanhai Digital Technology Company was established. The newly established company will focus on technical services, development and consulting to meet growing technology needs and market competition. In the retail field of computer software, hardware and auxiliary equipment, users will be able to obtain more high-quality product choices. The company will actively explore the field of advertising publishing and bring new development opportunities to the advertising industry.

For China’s technology industry, the establishment of Beijing Hanhai Digital Technology Co., Ltd. is of great significance. Xiaomi Finance (Hong Kong) Co., Ltd.’s technology strategic investment will accelerate China’s technological innovation and digital development. As the demand for technical services grows, Hanhai Digital Technology is expected to play an important role in technical consulting, development and software and hardware sales, bringing more opportunities and vitality to the industry. We will continue to pay attention to the progress of Hanhai Digital Technology and look forward to witnessing its innovation and achievements in the field of technology.

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