According to CoinMeta, China Telecom recently invested in Hefei ShuSuan Technology Co., Ltd., increasing the registered capital from 20 million yuan to approximately 7.05 billion yuan. Qichacha shows that the company was established in February 2024, with Zhang Yunlei as its legal representative. Its business scope includes cloud computing equipment technical services, artificial intelligence public data platform services, and quantum computing technical services, among others. Currently, the company is jointly held by Hefei Big Data Asset Operation Co., Ltd. and China Telecom.