Unisplendour
Chinese IT Company
From Wikipedia, the free encyclopedia
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.
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| UNIS | |
Native name | 紫光股份有限公司 |
| Company type | Public; State-owned enterprise |
| SZSE: 000938 CSI A50 | |
| Industry | Information technology |
| Founded | 18 March 1999 |
| Headquarters | Beijing, China |
Key people | Yu Yingtao (chairman) Wang Hongtao (president) |
| Revenue |  CN¥77.31 billion (2023) |
 CN¥3.69 billion (2023) | |
| Total assets | CN¥87.27 billion (2023) |
| Total equity | CN¥40.04 billion (2023) |
Number of employees | 19,186 (2023) |
| Parent | Tsinghua Unigroup |
| Subsidiaries | H3C UNIS WDC |
| Website | www |
| Footnotes / references [1] | |
UNIS acts as the listed arm of Tsinghua Unigroup.
Background
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]