Search company, investor...

Predict your next investment

China Electronics company logo
Public-Private Partnership
ELECTRONICS
cec.com.cn

Investments

15

Portfolio Exits

5

Partners & Customers

3

About China Electronics

China Electronics is a state-owned company that engages in network security, new display, integrated circuits, high-tech electronics, information services, and so on. The company was founded in 1989 and is based in Beijing, China.

Headquarters Location

South, 15th Floor, Sangda Science and Technology Building No. 1 Keji Road, Yuehai Street, Nanshan District

Shenzhen, Guangdong,

China

Want to inform investors similar to China Electronics about your company?

Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.

Latest China Electronics News

08:40 EDT eSurfing Cloud Officially Launched in the Digital China Summit 2023

May 2, 2023

News provided by Share this article Unleashing the power of Cloud-Network Integration across the globe HONG KONG, May 2, 2023 /PRNewswire/ -- "The Sixth Edition of Digital China Summit" has successfully held on 30 April in Fuzhou City, Southern China, co-hosted by China Telecom Corporation Limited ("China Telecom"), China Electronics Technology Group (CETC) and China Electronics Corporation (CEC), as well as authorities including the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), and the provincial government of Fujian. Featured with "Accelerating the Building of Digital China and Pushing Forward Chinese Modernisation", the discussion shed light on innovation-driven new changes and digitalisation-led new landscapes in pursuit of the Digital China initiative. eSurfing Cloud, a world's leading cloud service provider, showcased an abundance of core cloud capabilities and resources as the industry-leading cloud solution to nearly thousands of attendees including officials, academics, and leading entrepreneurs both physically and virtually. Photo of the global launch ceremony of eSurfing Cloud During the summit, Mr. Ke Ruiwen, Executive Director, Chairman and CEO of China Telecom and Mr. Shao Guanglu, Executive Director, President and COO of China Telecom attended, introducing the latest successes of eSurfing Cloud and how it has helped realise the core values of "Cloudification and Digital Transformation" from China Telecom. Mr Ke Ruiwen, Executive Director, Chairman and CEO of China Telecom expressed, "China Telecom has continued to deepen the development of cloud and network, focusing on 5 key technical areas to achieve more breakthroughs for the customers. Through collaborating with our industry partners across different professional aspects, we have strengthened our foundational infrastructure such as AI technologies, to explore more innovations and expand our cloud ecosystem to the wider business community. As the world's leading cloud service provider and Mainland China's leading hybrid cloud provider, eSurfing Cloud offers full-stack cloud services and integrated technologies which are fully supported by self-developed R&D capabilities. Today, we are striving to enhance our cloud service capabilities and to join hands with our customers in their journey of digital transformation." During this special occasion, Mr. Tang Ke, Executive Director and EVP of China Telecom and other important business partners participated in the eSurfing Cloud global launching ceremony. At present, eSurfing Cloud has built more than 9 public cloud nodes, 30 self-owned edge cloud nodes, and more than 200 CDN nodes across Asia-Pacific and the globe, serving over 2 million customers. Recently, Gartner has ranked eSurfing Cloud as one of the top ten strategic trends of future digital technology for two consecutive years. We offer a full suite of cloud and DICT products to ensure seamless and synergised delivery of all-rounded and flexible solutions. These include Cloud Container Engines, Cloud Exchange, Cloud Storage, Cloud Server, Cloud Migration, Virtual Private Cloud and more to meet our client's evolving needs and fully unlock their digital competitive advantage. Key achievements of the innovative service and how respective industries can unleash the advantages of deploying the cloud network resources of eSurfing Cloud under the "9+30+X+N" strategy in China and across the globe have been demonstrated. As an industry-leading cloud service provider in China's public cloud sector, eSurfing Cloud fully understands the demands of enterprise leaders in building digital infrastructure and developing it through the Belt and Road. They are looking to expand across the globe and explore new innovations. To an extent, we are dedicated to providing advanced technologies and take strategic steps to transition infrastructure to a cloud-native environment. Moving forward, eSurfing Cloud will continue to provide robust and reliable cloud-network infrastructure to different industries, offering competitive advantages to customers through rich global cloud-network resources and diversified technologies. Together, we will build a competitive digital ecosystem and accelerate sustainable development for the whole of society and the economy. About eSurfing Cloud As a world's leading cloud service provider, eSurfing Cloud is committed to becoming the major driving force in the digital economy to facilitate the global digital construction and provide users with secure and inclusive cloud services. By virtue of its three advantages of "cloud-network integration, security and trustworthiness, and exclusive customization", it provides customers with Public Cloud, Private Cloud, Hybrid Cloud, Edge Cloud and Full-stack Cloud services to facilitate the digital transformation of government agencies and large, small and medium businesses. SOURCE eSurfing Cloud

China Electronics Investments

15 Investments

China Electronics has made 15 investments. Their latest investment was in Shenzhen Data Exchange as part of their Series A on April 4, 2023.

CBI Logo

China Electronics Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

4/1/2023

Series A

Shenzhen Data Exchange

Yes

1

2/11/2023

Series B

China Resources Bank Of Zhuhai

$1,175M

Yes

4

7/14/2022

Series B

Chengdu CEC Panda Display Technology

No

1

4/6/2022

Unattributed

Subscribe to see more

Subscribe to see more

10

12/10/2021

Corporate Minority

Subscribe to see more

Subscribe to see more

10

Date

4/1/2023

2/11/2023

7/14/2022

4/6/2022

12/10/2021

Round

Series A

Series B

Series B

Unattributed

Corporate Minority

Company

Shenzhen Data Exchange

China Resources Bank Of Zhuhai

Chengdu CEC Panda Display Technology

Subscribe to see more

Subscribe to see more

Amount

$1,175M

New?

Yes

Yes

No

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

1

4

1

10

10

China Electronics Portfolio Exits

5 Portfolio Exits

China Electronics has 5 portfolio exits. Their latest portfolio exit was CECport on April 10, 2023.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

4/10/2023

IPO

$99M

1

4/4/2023

IPO

Subscribe to see more

$99M

Subscribe to see more

10

8/26/2022

IPO

Subscribe to see more

$99M

Subscribe to see more

10

7/22/2020

IPO

Subscribe to see more

$99M

Subscribe to see more

10

7/22/2019

IPO - II

Subscribe to see more

$99M

Subscribe to see more

10

Date

4/10/2023

4/4/2023

8/26/2022

7/22/2020

7/22/2019

Exit

IPO

IPO

IPO

IPO

IPO - II

Companies

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

10

10

10

10

China Electronics Acquisitions

3 Acquisitions

China Electronics acquired 3 companies. Their latest acquisition was Pactera on January 19, 2020.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

1/19/2020

Debt

$99M

$116.5M

Acquired - II

1

12/6/2016

Series C

Subscribe to see more

$99M

Subscribe to see more

10

11/30/2014

Series B

Subscribe to see more

$99M

$99M

Subscribe to see more

10

Date

1/19/2020

12/6/2016

11/30/2014

Investment Stage

Debt

Series C

Series B

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

Total Funding

$116.5M

$99M

Note

Acquired - II

Subscribe to see more

Subscribe to see more

Sources

1

10

10

China Electronics Partners & Customers

3 Partners and customers

China Electronics has 3 strategic partners and customers. China Electronics recently partnered with Kingsoft on September 9, 2020.

Date

Type

Business Partner

Country

News Snippet

Sources

9/21/2020

Partner

China

Kingsoft Cloud And CEC D-Commerce Tech Form Strategic Partnership To Drive Healthcare Cloud Development In China

This new partnership with CEC will enable Kingsoft Cloud to establish a solid foothold in a market with significant growth prospects .

1

7/24/2014

Vendor

Israel

Subscribe to see more

Subscribe to see more

10

8/31/2009

Vendor

Japan

Subscribe to see more

Subscribe to see more

10

Date

9/21/2020

7/24/2014

8/31/2009

Type

Partner

Vendor

Vendor

Business Partner

Country

China

Israel

Japan

News Snippet

Kingsoft Cloud And CEC D-Commerce Tech Form Strategic Partnership To Drive Healthcare Cloud Development In China

This new partnership with CEC will enable Kingsoft Cloud to establish a solid foothold in a market with significant growth prospects .

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

10

10

Compare China Electronics to Competitors

E
ESAFENET

ESAFENET offers a range of services in the fields of data security, network security, and security business. It specializes in security services, data asset security protection, mobile data security, cloud security hardware and software products, and more. It was founded in 2003 and is based in Beijing. It is a wholly-owned subsidiary of NSFOCUS.

Z
Ziguang Tongxin Microelectronics

Ziguang Tongxin Microelectronics is an integrated circuit design enterprise. The company was founded in 2001 and is based in Haidian, Beijing.

A
AisinoChip

AisinoChip is an integrated circuit design service provider that focuses on the development of independent controllable information security. Its products include IoT security chips, large-capacity memory chips, smart card chips, and more. The company was founded in 2008 and is based in Shanghai, China.

e
ePRO

ePRO mainly engages in software development and sales; software outsourcing services; information technology consulting services; information system integration services; professional design services; security product development, sales, and related technical consulting; technology development and sales of integrated circuit chips and electronic products. The company was founded in 2020 and is based in Shenzhen, China.

H
HiSilicon

HiSilicon, owned by Huawei, is a global fabless semiconductor and IC design company that is dedicated to providing comprehensive connectivity and multimedia chipset solutions.

I
ICbench

ICbench is a China-based EDA company that focuses on artificial intelligence, cloud computing, the Internet of Things, smart cars, and information security and provides an automated software platform from chip design to final mass production. The company was founded in 2020 and is based in Shanghai, China.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.