Guodong Group is described as a leading Chinese communication infrastructure services provider. The company provides communication infrastructure services and supports national infrastructure efforts. On January 29 it said it raised 1.1 billion yuan (about $170 million) in a pre-IPO financing. The firm said the proceeds will be used to advance national new infrastructure. Investors named in the announcement include Morgan Stanley and CICC, alongside other unnamed participants. The company characterized the transaction as a pre-IPO round to position it for future growth in infrastructure projects.

Total raised

$170M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2021