# Beijing Huanxiang Zongheng Network Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beijing-huanxiang-zongheng-network-technology-co

- Industry: Media
- Headquarters: Beijing, China
- Website: www.zongheng.com
- Total disclosed funding: $117M
- Latest round: Series A (May 24, 2017)
- Investors on record: 4

## About

Founded in 2008 and based in Beijing, China, Beijing Huanxiang Zongheng Network Technology Co., Ltd. is an online platform that provides Chinese online reading and online literature services. In 2013, the company was acquired by Baidu. In 2017, the company established a subsidiary in the United States. In 2021, the company was acquired by Wutong Chinese Net.

The company engages in providing Chinese online reading and online literature services. Its main business includes IP adaptation, original comics, works publishing, and overseas distribution, etc.

## Funding rounds

- Series A, May 24, 2017, $117M — Hong Shan, Share Capital, Shengjing 360 Group, Perfect World

## Investors

- Hong Shan — Series A
- Share Capital (https://capitalatlas.ai/funds/share-capital) — Series A
- Shengjing 360 Group — Series A
- Perfect World — Series A