Wangsu Science & Technology

Wangsu Science & Technology Co., Ltd. (Chinese: 网宿科技股份有限公司) is a China-based company that provides content delivery network (CDN) and Internet data center (IDC) services. It was founded in 2000 and listed on the Shenzhen Stock Exchange in 2009.

Wangsu Science & Technology Co., Ltd (网宿科技股份有限公司)

Company type	Public
Traded as	SZSE: 300017 SZSE 300 CSI 300
Genre	Internet
Founded	2000 (2000)
Founder	Chen Baozhen (Co-Founder)
Headquarters	Beijing , China
Key people	Chengyan Liu[1] (CEO, President) Ke Hong (Vice Chairman, Vice President, CTO) Wei Jiang Vice President, CFO Liping Zhou Vice President, Secretary Minjian Chu Vice President, Director
Products	Website Acceleration Stream Acceleration Enterprise Acceleration
Number of employees	2,846 [2]
Subsidiaries	Quantil, Inc.[3] Quantil Networks, Inc.[4] Quantil Technology (Ireland) Limited[5]
Website	en.wangsu.com

It operates businesses in China as ChinaNetCenter Co., and overseas markets as Quantil, Inc. for CDN services and Quantil Networks, Inc. for IDC services.^[3][4]

Corporate affairs

The largest shareholder is Chen Baozhen, who co-founded one of the predecessor companies of Wangsu, holding 21% of the shares of the company.^[6]

Its Chinese domestic markets are divided into East China, South China, North China, Central China, the western region and the northeast region.

Acquisitions

In February 2017, the company announced its acquisition of South Korean competitor CDNetworks for 21.1 billion yen ($185 million) to continue expanding its network and business operations outside of China. The deal involved purchasing 85% percent of CDNetworks’ shares from KDDI.^[7]