All the capital of China Telecom Quantum Group is invested by the state and owned by state-owned enterprises, so China Telecom Quantum Group is a state-owned enterprise.
China Telecom Quantum Information Technology Group Co., Ltd. was established on May 26th, with a registered capital of 3 billion yuan, with China Telecom Co., Ltd. 100% holding. The establishment of China Telecom Quantum Information Technology Group is an important achievement of strategic cooperation between China Telecom and Anhui. The two sides will promote a series of cooperation in basic research and innovative applications in the field of quantum technology and promote the high-quality development of the quantum technology industry.