Bloomberg News has found evidence of involvement of the Chinese company Shanghai Longteng Intelligent Computing, founded by Alice Huang, whose close relationship led to the resignation of the company’s founder and CEO Jensen Huang, in the illegal supply of AI chips for the Shanghai data center as part of the Yangtze River Delta Project.
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According to a Bloomberg source, some of the servers were initially sold to Aperia Cloud Services, an official Nvidia Cloud Partner (NCP) based in Singapore.
However, judging by the documents reviewed by the agency, the equipment did not remain in Singapore, but ended up with Shanghai Longteng Intelligent Computing and was transported to China, bypassing US export restrictions.
In particular, Aperia purchased from Dell Technologies 22 servers based on Nvidia H800 chips, which have been banned for export to China since 2023. Bloomberg provided the serial numbers of these servers to a person with knowledge of the deal; he confirmed that Aperia was indeed a Dell customer. Previously, Nvidia stated that by the time of Alice’s arrest, Aperia had already ceased to be their existing client.
According to documents filed with central authorities, the equipment purchased by Aperia from Dell is listed in the reporting of the company’s Shanghai Longteng Intelligent Computing division – Chinese companies are required to submit information about financing agreements to a database maintained by a credit agency at the People’s Bank of China.
The fact is that 193 servers installed in a data center in Shanghai were provided by a Chinese company in January 2025 as collateral to obtain financing. The total value of the equipment pledged, including Dell equipment and 52 Super Micro Computer servers with H100 and H200 chips, amounted to ¥485 million ($73 million). In addition to equipment from Super Micro and Dell, Shanghai Longjie used 119 servers made by Gigabyte Technology as collateral for the same loans.
According to the corporate register, the majority owner of Shanghai Longteng Intelligent Computing until January 2026 was Huang Yu, Alice’s sister; this means that it was during the period when the servers in Shanghai were pledged that she exercised control over the transaction.
Super Micro said it did not sell Nvidia chips to any of the Chinese companies associated with the Shanghai data center and has no connection with the facility.
In addition to the equipment provided as collateral for loans, between May and June 2024, one of Shanghai Longteng’s subsidiaries purchased servers worth ¥747 million ($112 million) and placed them on site as part of the Yangtze River Delta Project. In this case, the name of the equipment and suppliers are not indicated.
According to sources, the president of the Yangtze River Delta Project is Kang Wei, Alice’s longtime business partner. According to The Information, Kahn met the CEO of Nvidia back in the 2010s. He also holds a senior position at the private equity firm Shanghai Hexi, where Alice once worked.
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