QingCloud

What QingCloud does

QingCloud (青云科技, Shanghai STAR Market: 688316) is a Chinese full-stack cloud computing platform founded in 2012 and headquartered in Beijing, providing infrastructure and platform services across public cloud, private cloud, cloud-native (KubeSphere), AI computing, and 信创 (domestic IT/trusted computing) product lines. The company's technology is fully self-developed with code self-developed rates exceeding 90% across its 信创 portfolio and unified architecture enabling hybrid cloud deployment from a single codebase. Core technology components include QingStor distributed storage (NeonSAN block storage, U10000 unstructured data storage), the KubeSphere enterprise container platform, CloudExpress (云易捷) hyper-converged infrastructure, and an AI computing platform with heterogeneous CPU/GPU scheduling. QingCloud has been recognized by Gartner (China public cloud Market Guide for three consecutive years), IDC (hybrid cloud and private cloud market leader), and holds ISO 27001, SOC 2 Type 2, CMMI Level 3, and DJCP certifications.

The company serves over 18,000 enterprise customers with a primary focus on financial services (300+ institutions including China Merchants Bank, Agricultural Bank of China, Taikang Insurance, CICC, and State Grid), followed by government, education, healthcare, and energy/manufacturing verticals. Named customers span state-owned banks, top insurers, leading universities (Chongqing University), major hospitals (Tianyou Children's Hospital, Jinan University First Affiliated Hospital), and industrial enterprises (Sichuan Airlines, Tai'an Conch Cement, Beitou Group).

QingCloud operates a multi-channel go-to-market combining direct enterprise field sales for large accounts, a self-service public cloud console with pay-per-second billing, a Cloud Marketplace with 400+ third-party applications, and a 3,500+ partner network including 100+ 信创 ecosystem partners with compatibility certifications for Hygon, Phytium, Kunpeng, and other domestic chip/OS vendors. Revenue is generated through four streams: cloud product subscriptions (private cloud/HCI software and appliances), usage-based public cloud services, professional services, and marketplace commissions. Pricing for private cloud products ranges from free authorization for evaluation to ¥24,800/CPU perpetual licenses for mission-critical deployments, with annual subscriptions at ¥8,800-¥12,400/CPU. The 2022 annual revenue of 305 million RMB represented a 28.04% YoY decline, though gross margin improved to 12% with cloud products gross margin at 37.05%. The company is actively repositioning toward AI computing infrastructure, with CloudExpress v6.0's AI Infra 3.0 architecture (December 2024), the CoreHub AI computing cloud, and a strategic partnership with Hygon Information (June 2025) for domestic AI compute ecosystems.

Name

QingCloud

Legal name

QingCloud Technologies

Website

https://qingcloud.com

Company type

Public

Founded year

2012

Operating status

Operating

Headcount range

251–500 employees

Short description

QingCloud is a Chinese full-stack cloud computing platform listed on the Shanghai STAR Market, providing public cloud, private cloud, cloud-native (KubeSphere), AI computing infrastructure, and 信创 (domestic IT) solutions to over 18,000 enterprise customers across financial services, government, healthcare, and education sectors.

Ownership category

akta.pro rank

Product category

Cloud Infrastructure

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Software Publishers (51321), Computer Systems Design and Related Services (54151), Computer Facilities Management Services (541513)

SIC

Services-Computer Integrated Systems Design (7373), Services-Prepackaged Software (7372), Services-Computer Programming Services (7371)

akta.pro industry

PRIMARYHDABAMAH

Hybrid Cloud Migration, Modernization & Integration

Hardware, Technology & Telecom/Cloud & Data Center Infrastructure/Hybrid Cloud Infrastructure

SECONDARYHDABABAA

Private Cloud Platforms (On‑Prem Cloud Stacks)

Hardware, Technology & Telecom/Cloud & Data Center Infrastructure/Private Cloud & Cloud Management Platforms

SECONDARYBPAEACAK

Multi-Cloud & Hybrid Cloud Enablement

Business & Public Services/IT & Digital Services (Managed Services, Systems Integration)/Cloud Services & Cloud Migration

SECONDARYBPAEACAF

Cloud Managed Services (Operations, Monitoring, Patching)

Business & Public Services/IT & Digital Services (Managed Services, Systems Integration)/Cloud Services & Cloud Migration

Keywords

• Hybrid cloud services
• Enterprise cloud infrastructure
• Cloud-native container platform
• Distributed storage systems
• AI computing infrastructure

Headquarters

HQ city

Beijing

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Infrastructure, Technology or R&D, Personnel, Operations, Marketing or Sales

Revenue model

1. Cloud Products (Private Cloud): Enterprise-level private cloud and HCI (hyper-converged infrastructure) product sales including QingCloud Enterprise Cloud, Cloud Express (云易捷), and storage products. Delivered as software deployment or appliance (all-in-one) with subscription or perpetual licensing models.
2. Cloud Services (Public Cloud): Public cloud services including compute, storage, database, networking, and AI computing resources. Usage-based billing with pay-per-second pricing, reserved contracts, and tiered pricing for object storage.
3. Professional Services: Implementation, consulting, technical support, and驻场 (on-site) services. Includes software maintenance, project management, and custom development services.
4. Cloud Marketplace Commission: Platform commission from third-party applications and services listed on the QingCloud Marketplace (云市场), serving as a transaction and delivery platform for enterprise applications.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

QingCloud operates a full-stack, self-developed cloud computing platform delivering public cloud, private cloud, cloud-native, and domestic IT (信创/Xinchuang) infrastructure to enterprise customers. Its portfolio spans compute, storage, networking, container, database, big data, messaging, and AI computing services delivered via software or integrated appliance form factors. The platform serves financial institutions, government agencies, education, healthcare, energy, transportation, and AI workloads with unified hybrid cloud architecture.

Product overview

QingCloud offers a comprehensive cloud computing platform with four core business lines: Public Cloud, Private Cloud, Cloud Native (容器), and Trust-based Computing (信创). The platform includes over 40 distinct products spanning compute (cloud servers, GPU servers, bare metal, EHPC), storage (NeonSAN block storage, U10000 object storage, cloud disk), networking (VPC, load balancer, CDN, SD-WAN), databases (MySQL Plus, RadonDB, ClickHouse, Redis, MongoDB, HBase), big data (QingMR, ELK, OpenSearch), containers (KubeSphere, QKE), messaging (Kafka, RabbitMQ, RocketMQ), AI computing (AI computing platform, AI computing cloud, AI all-in-one), and security services (cloud firewall, WAF, IAM). The platform is delivered through pure software deployment or integrated appliance solutions, supporting both public and private cloud deployment models with unified management capabilities.

Differentiator

Problem solved

Functional benefit

Brands

• KubeSphere: Enterprise-grade container platform based on Kubernetes, providing multi-tenant container management, DevOps, microservice governance, and observability capabilities.
• QingStor
• 青立方 (QingCube)
• 光格网络 (LightBox)

Products and services

• Public Cloud Self-developed full-stack cloud computing service platform providing secure, reliable, elastic, and scalable cloud services (compute, storage, database, networking, AI) to enterprises for digital transformation.
• QingCloud Enterprise Cloud Enterprise-grade full-stack private cloud platform that serves as the computing power foundation for enterprise digitalization, deployable on customer premises or as hosted infrastructure.
• CloudExpress (云易捷) Lightweight hyper-converged private cloud product for small-to-medium computing scale, built on software-defined technology with Kubernetes unified scheduling for VM, container, and AI inference hybrid workloads.
• QingStor NeonSAN All-flash distributed block storage providing stable, enterprise-grade storage performance for high IOPS and throughput requirements across databases and mission-critical workloads.
• U10000 Unstructured Data Storage Distributed unstructured data storage platform for unified and efficient management of massive data (object, file, block) at yottabyte-era scale.
• KubeSphere Enterprise Container Platform Enterprise-grade commercial container platform built on Kubernetes with multi-tenant support, DevOps, microservices governance, observability, and full application lifecycle management for cloud-native workloads.
• QKE Container Engine Managed container engine providing enterprise-grade Kubernetes cluster one-click deployment with complete developer tools and integrations.
• AI Computing Platform (AI 智算平台) Unified scheduling and intelligent management platform for AI data center construction, supporting multi-computing-power coordination and heterogeneous resource scheduling for AI model training and inference.
• AI Computing Cloud - CoreHub Public AI computing cloud service providing on-demand, elastic intelligent computing resources for AI model training, fine-tuning, and deployment workloads.
• AI Computing All-in-One Appliance Pre-integrated appliance combining compute, storage, and AI software for turnkey on-premises AI model development and deployment.
• Trust-based Cloud (信创云/Xinchuang Cloud) Full-stack, all-scenario domestic IT (Xinchuang/信创) compliant cloud platform with one-cloud-multi-ecosystem architecture for government, financial, power, and telecom customers requiring domestic technology stack substitution.
• GPU Cloud Server GPU-enabled cloud server with direct pass-through to physical GPU accelerators for AI training, deep learning, and high-performance computing workloads.
• Bare Metal Server High-performance dedicated physical server offering resource isolation and security for performance-critical enterprise workloads requiring direct hardware access.
• Cloud Marketplace (云市场) One-stop enterprise application and product service trading and delivery marketplace aggregating 400+ third-party applications for QingCloud customers.

Quantifiable outcome

• 200% training efficiency improvement and 70% training cost reduction for embodied AI applications
• +2 more outcomes

Named customers11 records

Segments8 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

AI capability13 records

Feature6 records

Partnerships

Eleven partnerships are on record, tiered core and major.

• 海光信息 (Hygon Information)coreStrategic or Co-development Partner · 3 June 2025Strategic partnership announced June 2025 between QingCloud and Hygon Information for AI computing and domestic chip ecosystem development. Hygon is a leading domestic CPU manufacturer in China.
• 开放原子开源基金会 (OpenAtom Foundation)coreStrategic or Co-development Partner · 11 June 2023Co-founded Cloud Native Working Committee with OpenAtom Foundation and 28 other organizations to jointly build, govern, and share cloud native technology innovation.
• Canonical (Ubuntu)coreTechnology or Integration · 29 May 2023Partnership to create integrated cloud-native solution combining KubeSphere container platform with Ubuntu operating system. Enables enterprises to easily deploy cloud-native platforms on Ubuntu with optimized compatibility.
• 海光 (Hygon) / 中科可控 (Sugon)majorTechnology or Integration · 26 May 2023KubeSphere container platform completed product compatibility certification with Hygon CPU 7000 series and Sugon R62 series servers.
• VMwarecoreTechnology or Integration · 11 May 2023KubeSphere container platform enterprise edition integrated with VMware CNS (Cloud Native Storage) and VMware Antrea to provide cloud-native solutions for enterprise modernization. Joint solution enables simplified container deployment on VMware infrastructure.
• 飞腾 (Phytium)coreTechnology or IntegrationKubeSphere container platform certified compatible with Phytium 2000+ chips. Joint full-stack 信创 cloud solution for universities developed with Phytium.
• 鲲鹏 (Kunpeng)coreTechnology or IntegrationMember of Kunpeng Computing Industry Alliance. QingCloud products compatible with Kunpeng chip ecosystem.
• IntelmajorTechnology or IntegrationTechnology partnership for cloud-native solutions and product optimization on Intel platforms.
• NVIDIAcoreTechnology or IntegrationGPU computing partnership for AI computing solutions including GPU cloud servers and AI training platforms.
• openEulermajorTechnology or IntegrationKubeSphere platform compatible with openEuler open-source operating system for cloud-native deployments.
• 100+ 信创 Ecosystem PartnerscoreTechnology or IntegrationOver 100 compatibility certifications completed with domestic IT products including chips, operating systems, databases, and middleware from vendors like 麒麟软件, 统信软件, 达梦, 南大通用.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Alibaba Cloud (Aliyun): Largest public cloud provider in China and Asia-Pacific, offering IaaS, PaaS, AI, and database services across all verticals. Overlaps with QingCloud's full-stack cloud platform but operates at massive scale with bundled offerings that compete head-to-head in enterprise and government accounts.
• Tencent Cloud: Major Chinese hyperscaler with broad IaaS/PaaS, gaming-optimized cloud, and AI offerings. Competes with QingCloud in finance, government, and internet verticals, and bundles cloud with WeChat/enterprise ecosystem.
• Huawei Cloud: Leading Chinese cloud provider with strong telecom/enterprise heritage, AI compute (Ascend), and full-stack capabilities. Directly competes with QingCloud's trust-based (信创) and AI infrastructure offerings, particularly in government, power, and telecom.
• JD Cloud (JD Technology): Hyperscale cloud provider from JD.com with strength in retail, logistics, and AI. Competes with QingCloud in enterprise and government segments and offers comparable IaaS, container, and database services.
• Inspur Information: Major Chinese server and cloud infrastructure provider offering AI servers, private cloud, and cloud-native platforms. Comparable to QingCloud in serving trust-based (信创) and AI infrastructure needs of Chinese enterprises and government.
• H3C (New H3C Group): Leading Chinese IT infrastructure provider offering servers, networking, storage, and private/hybrid cloud solutions. Competes with QingCloud in enterprise cloud, hyper-converged infrastructure, and government/finance verticals.

Direct peers

• UCloud: Independent Chinese public cloud provider serving enterprise, internet, and government customers with IaaS, PaaS, and AI compute. Comparable to QingCloud in scale, customer profile, and product breadth, with similar challenges competing against hyperscalers.
• Kingsoft Cloud: China-listed independent cloud provider offering public cloud, enterprise cloud, and AI/HPC services. Directly comparable to QingCloud as a domestic, independently operated alternative to the hyperscalers serving Chinese enterprises.
• Sangfor Technologies: Chinese cloud and cybersecurity vendor offering private cloud, hyper-converged infrastructure, and managed services. Closely comparable to QingCloud's CloudExpress HCI and enterprise cloud platform with similar target verticals (government, finance, education).

Emerging players

• ZStack: China-focused IaaS software provider offering private and hybrid cloud platforms with strong product overlap to QingCloud Enterprise Cloud and CloudExpress. Comparable as a self-developed cloud platform targeting enterprise and government digital transformation, though smaller in scale and channel.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries3 records

Funding overview

Funding rounds4 records

Investors9 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about QingCloud