[Douyin landed in Guangzhou] Recently, Guangzhou Suigeng Technology Co., Ltd. was established and settled at No. 277, Xingang East Road, Haizhu District, Guangzhou, with a registered capital of 537 million yuan. According to the industrial and commercial registration information, the company is wholly owned by Douyin Group (Hong Kong) Co., Ltd. This is seen as an important step in the landing of Douyin's South China headquarters. At the Guangzhou High-Quality Development Conference in February this year, Cai Shu, secretary of the Haizhu District Committee of Guangzhou, revealed that the construction of Douyin's South China headquarters will start; in addition, Tencent WeChat will also use a new headquarters building here. Leading enterprises often bring more than just employment. The industrial agglomeration effect will have a far-reaching impact on any city.
