Unisplendour

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Native name
紫光股份有限公司
Unisplendour Corporation Limited
UNIS
Native name
紫光股份有限公司
Company typePublic; State-owned enterprise
SZSE: 000938
CSI A50
IndustryInformation technology
Founded18 March 1999; 26 years ago (1999-03-18)
HeadquartersBeijing, China
Key people
Yu Yingtao (chairman)
Wang Hongtao (president)
RevenueIncrease CN¥77.31 billion (2023)
Decrease CN¥3.69 billion (2023)
Total assetsIncrease CN¥87.27 billion (2023)
Total equityIncrease CN¥40.04 billion (2023)
Number of employees
19,186 (2023)
ParentTsinghua Unigroup
SubsidiariesH3C
UNIS WDC
Websitewww.thunis.com Edit this at Wikidata
Footnotes / references
[1]

Unisplendour Corporation Limited (UNIS; Chinese: 紫光股份; pinyin: Zǐguāng Gǔfèn) is a partially state-owned publicly listed Chinese information technology company headquartered in Beijing.

UNIS acts as the listed arm of Tsinghua Unigroup.

In March 1999, Tsinghua Unigroup established UNIS. In November 1999, UNIS held its initial public offering becoming a listed company on the Shenzhen Stock Exchange.[2]

During its early years, UNIS operated at low profitability and suffered losses in 2001 and 2005. Its main business line of IT distribution had low profit margins.[2]

In May 2015, UNIS acquired a 51% stake in H3C for $2.3 billion. It was Hewlett-Packard's Chinese server, storage and technology business.[3][4] H3C significantly increased the profitability of UNIS.[2]

In September 2015, UNIS agreed to pay $3.78 billion for a 15% stake in Western Digital.[3] However, in February 2016, Unisplendour announced it would not move forward with its offer following a decision by the Committee on Foreign Investment in the United States (CFIUS) to investigate the deal.[5] Instead in September 2016, UNIS formed a joint venture with Western Digital named UNIS WDC.[6]

In May 2024, Hewlett Packard Enterprise announced that UNIS would acquire a further 30% stake in H3C for $2.1 billion.[4]

In February 2025, it was reported that UNIS would seek a secondary listing on the Hong Kong Stock Exchange.[7]

See also

References

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