ByteDance investment in the establishment of Zhitong Shuhetech Company.

According to the QiChaCha APP, recently, Beijing Zhitong Shuhe Technology Co., Ltd. was established, with Wan Dandan as the legal representative. Its business scope includes advertising design, agency, advertising publication, computer system services, software development, conference and exhibition services, etc. The equity penetration of QiChaCha shows that the company is wholly owned by Beijing Zitiao Network Technology Co., Ltd.