According to CoinMeta and enterprise information from Qichacha, the registered capital of State Data Group Co., Ltd. reaches 30 billion yuan, with its headquarters located in Xiongan New Area, Hebei. Among them, the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council has invested 6 billion yuan, holding a 20% stake; China Mobile, China Telecom, and China Unicom have each invested 4.5 billion yuan, holding a combined 45% stake; State Grid and Southern Power Grid together hold a 25% stake; and China Xiongan Group holds a 10% stake. The company's business scope includes big data services, artificial intelligence application software development, blockchain technology-related software and services, cloud computing, etc. State Data Group was officially established on October 20th and is a state-owned enterprise directly managed by the central government, with data resource development and utilization as its main business.