ByteDance's business landscape inventory ByteDance set up more than ten new companies last year

According to media reports, informed sources revealed that ByteDance's net profit in 2025 is expected to decline by over 70% year-on-year, sparking attention to the related topic. Tianyancha App shows that ByteDance's affiliated company Douyin Limited was established in May 2016, with Yin Ping as the legal representative and a registered capital of 100 million RMB. Its business scope includes computer technology training, computer system services, data processing, etc., with shared ownership by Xiamen Xingchen Qidian Technology Co., Ltd. and Zhang Lidong. The controlling enterprise information shows that the company actually controls over a hundred enterprises. In 2025, the company established over ten new companies, including Wuwei Volcano Engine Technology Co., Ltd., and Hohhot Volcano Engine Technology Co., Ltd.