Breaking News | Tiandon Data Secures an 800-Million-Yuan Strategic Investment from Futian Capital, and Yuegangwan Holdings Accelerates Its Transformation into AI Computing

Text by | Zhang Ziyi

Edited by | Yuan Silai

36Kr learned that Shenzhen Tiandun Data Technology Co., Ltd. (hereinafter referred to as "Tiandun Data") has recently completed a new round of financing, receiving a strategic investment of 800 million yuan from Futian Capital Operation Group Co., Ltd., a wholly - owned subsidiary of the State - owned Assets Supervision and Administration Commission of Futian District, Shenzhen (hereinafter referred to as "Futian Capital"). The funds from this round will be mainly used to strengthen the construction of AI intelligent computing infrastructure, expand the service capabilities of multi - heterogeneous computing power, and replenish working capital.

Tiandun Data is a core subsidiary of Hong Kong - listed Yuegangwan Holdings (01396.HK), positioning itself as a service provider for the construction and operation of intelligent computing. The company mainly provides full - life - cycle services for "green energy intelligent computing", including the construction and operation of AIDC (Artificial Intelligence Data Center) and multi - source heterogeneous computing power services.

With the explosion of the AIGC (Generative Artificial Intelligence) industry, computing power has become the third core element after data and algorithms. IDC predicts that from 2023 to 2030, the global IDC market will maintain high - speed growth, and the demand for AI computing power will grow significantly faster than that of traditional computing power.

Tiandun Data revealed that it is one of the earliest domestic enterprises to layout national standard Class A third - party data centers. As of now, Tiandun Data operates more than 30,000 racks nationwide, with a total computing power scale of over 50,000 P. It holds all IDC/ISP licenses and the qualifications of three national high - tech enterprises. To address the high computing power threshold for small and medium - sized AI enterprises, the company independently developed the "Liangzipai" cloud platform to provide elastic computing power scheduling services.

In terms of financial data, according to the data provided by Tiandun Data, in the first quarter of 2025, the company's revenue reached 174 million yuan and achieved profitability. With a revenue growth rate of 1091% in the past three years, it was selected as one of the top 50 high - tech and high - growth companies in Deloitte China in 2025. Currently, the company has a backlog of orders worth over 10 billion yuan and serves nearly 200 customers, including leading cloud service providers and AI enterprises.

It is worth noting that Yuegangwan Holdings, the parent company behind Tiandun Data, optimized its asset - liability structure through debt restructuring and completed the acquisition of Wisdom Group, the overseas holding entity of Tiandun Data, in October of the same year, officially entering the AI intelligent computing track. The financial report shows that benefiting from debt restructuring and the consolidation of new businesses, Yuegangwan Holdings turned losses into profits in the interim results of 2025, and its net assets increased 30 times compared with the beginning of the year.

In terms of business expansion, in December 2025, Tiandun Data reached a cooperation with Huagong Technology (000988), a leading company in the optical communication field, to jointly develop intelligent computing power solutions. In January 2026, its "Runliuchi - Tiandun Greater Bay Area AI Inference Computing Power Industrial Base" in Longgang, Shenzhen was officially launched, and the first - phase cluster of 1,000 high - performance inference servers has been put into production. In addition, the company also signed a cooperation intention for computing power operation worth 1.68 billion yuan with a state - owned enterprise in Lianyungang, Jiangsu.