[Zhejiang Data Group Officially Established with Initial Registered Capital of 2 Billion Yuan] Odaily Planet Daily News: The unveiling ceremony of Zhejiang Data Group Co., Ltd. was held in Hangzhou, marking the official launch of the provincial platform for data resource development, utilization, and artificial intelligence industry development in Zhejiang Province. According to reports, Zhejiang Data Group is wholly owned by Hangzhou Iron & Steel Group, with an initial registered capital of 2 billion yuan. The group is tasked with functions such as authorized operation of public data across the province and the construction of a provincial data hub. It will assist in advancing the province-wide 'One Network for Computing Power' initiative, achieving unified construction, scheduling, and operation of computing power across the province.