Unisplendour
 | |
| UNIS | |
Native name | 紫光股份有限公司 |
| Company type | Public; State-owned enterprise |
| SZSE: 000938 | |
| Industry | Information technology |
| Founded | March 18, 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] | |
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.
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]
See also
References
- ^ "2023 Annual Report" (PDF). Sina.
- ^ a b c "150亿世纪大交易！紫光、惠普谁更精明？交易逻辑大拆解：标的新华三有何魔力？豪门间四度易主". stcn.com. Archived from the original on 19 June 2024. Retrieved 6 October 2024.
- ^ a b Mozur, Paul (30 September 2015). "Unisplendour of China Buys 15% Stake in Western Digital". The New York Times. Archived from the original on 5 December 2023. Retrieved 6 October 2024.
- ^ a b Haranas, Mark. "HPE To Sell 30 Percent Stake In H3C For $2.1B; Amends China Joint Venture Deal". www.crn.com. Archived from the original on 28 May 2024. Retrieved 6 October 2024.
- ^ "Chinese investor pulls out of Western Digital merger". BBC News. 23 February 2016. Retrieved 6 October 2024.
- ^ "Tsinghua Unisplendour forms JV with Western Digital - China.org.cn". www.china.org.cn. Archived from the original on 10 September 2016. Retrieved 6 October 2024.
