Is HKUST Guodun Quantum Technology Co., Ltd. a state-owned enterprise?

HKUST Guodun Quantum Technology Co., Ltd. is not a state-owned enterprise.

HKUST Guodun Quantum Technology Co., Ltd., referred to as Guodun Quantum, is a company that takes the comprehensive industrialization of quantum information technology as its own responsibility. It is mainly engaged in the research and development, production, and production of quantum secure communication products and quantum computing instruments and equipment. As a sales and technical services company, the major shareholder is the University of Science and Technology of China Asset Management Co., Ltd., with a shareholding ratio of 13.46. The actual controller of the University of Science and Technology of China Asset Management Co., Ltd. is the University of Science and Technology of China.

Since its establishment, Guodun Quantum has mainly focused on the field of quantum communication, such as quantum key distribution products, quantum key management products, quantum communication networking products, and quantum communication network support systems. At the same time, the company has also developed some core devices to support its quantum communication business, and provides teaching systems and scientific instruments to design and implement solutions for customers.

Currently, Guodun Quantum has been recognized as a national specialized and special new "Little Giant" enterprise. The company's quantum communication technology has been widely used in Beijing Rural Commercial Bank's metropolitan ring network and Bank of Communications' corporate online banking use cases. Remarkable achievements have been achieved in many important projects such as construction, online quantum encryption communication case of online commercial bank, and thousand-kilometer quantum encryption transmission application of off-site data of ICBC.

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