The largest data center and computing infrastructure project in China is intricately linked to the Huang Le couple, whose connections have recently come under scrutiny.
Businesswoman Huang Le, who has been embroiled in a scandal involving Nvidia CEO Jensen Huang, has established several companies in China. These entities have reportedly purchased smuggled Nvidia artificial intelligence chips, which have been installed in Tencent’s advanced computing center and ecological industrial park located in the Songjiang District of Shanghai, often referred to as the Yangtze River Delta Center.
At the center of this complex network is the Huang couple, with ties extending to Huang Le’s sister, Huang Yu, her husband, Kang Wei, and their company, Megaspeed. This web of relationships revolves around the high-end GPUs from Nvidia, and an intricate enterprise network is slowly coming to light.
This extensive corporate network based around the Huang couple has successfully acquired smuggled Nvidia hardware. These chips were transferred through a network that is independent of Megaspeed, while the company itself is also accused of semiconductor smuggling.
Various companies like Century Huatong, Seventh Avenue, Shanghai Longrui Information Technology Co., Ltd., and Shanghai Longteng Intelligent Computing Co., Ltd. have emerged in this capital chain involving the couple. The multiple transactions showcase interconnected investors, related enterprises, and limited partnership platforms.
According to reports reviewed by relevant media, in March 2025, Wang Huajie, the Secretary of the Songjiang District Committee of Shanghai, visited Tencent’s Yangtze River Delta Industrial Park. The primary figure responsible for hosting this visit was Kang Wei.
In a video published by local media, Kang Wei is seen frequently next to the district secretary and is observed taking diligent notes while seated directly across from him at a roundtable meeting.
Kang Wei founded Shanghai Hexi Investment after leaving the public fundraising industry in 2010. The scope of his business has continually widened, ranging from secondary market investments to controlling stake transactions in listed companies, from gaming asset acquisitions to internet data centers, and in recent years, expanding into overseas computing services. Despite his significant business activities, he has maintained a low profile and rarely makes public appearances.
Public information reveals that the Yangtze River Delta center was established in an impressive 58 days in Shanghai, a speed comparable to that of the American electric vehicle company Tesla.
Records indicate that the supercomputing center project saw a contract signed on March 31, 2020, and it secured land permits by May 27 of the same year, completing the process in just 58 days; following this, it took merely an additional three days to obtain the construction permits.
Moreover, auction records from the Shanghai land market show that Tencent purchased a piece of industrial land in Songjiang District during the same year. This land, spanning approximately 157,200 square meters, was secured for 237 million yuan, with Shanghai Longrui as the winning bidder.
According to announcements from listed companies, the parent company of Shanghai Longrui is Shenzhen Seventh Avenue Technology Co., Ltd.
In 2015, Seventh Avenue established a wholly-owned subsidiary in Singapore, named 7Road International Pte Ltd, which was transferred to Huang Le in March 2023 and subsequently renamed Megaspeed International.
Bloomberg reported that Huang Le herself showcased the effects of the data center during an investor presentation in 2024, touting the Yangtze River Delta project as Megaspeed’s largest AI facility.
In addition, a source revealed another network for transferring chips linked to Huang Le. This individual stated that some Nvidia servers were initially sold to a Singapore-based company named Aperia Cloud Services.
However, documents indicate that these hardware components did not stay in Singapore but were transferred to another company founded by Huang Le and installed at the Yangtze River Delta center in Shanghai.
Contracts demonstrate that Aperia purchased 22 servers from Dell Technologies, which were equipped with Nvidia’s H800 chips.
The U.S. had imposed a ban on the sale of these chips to China as of 2023.
Bloomberg provided the serial numbers of these servers to an insider who confirmed that Aperia was indeed a client of Dell.
In February 2025, Aperia’s CEO was arrested in Singapore on charges related to fraudulent dealings with server suppliers. He has denied the charges and is currently awaiting trial.
According to application documents submitted by Shanghai Longteng, a company founded by Huang Le a decade ago, the 193 servers installed in Shanghai were pledged as collateral for financing obtained in January 2025. These documents indicated that the total value of the secured hardware amounted to 485 million yuan (approximately 73 million USD), encompassing 22 Dell servers, 52 Supermicro servers, and 119 Gigabyte servers.
Due to regulations mandating that Chinese companies report financing contracts to the People’s Bank of China’s credit center, these significant details were uncovered.
The 52 Supermicro servers were equipped with Nvidia’s H100 or H200 chips, both of which had not been authorized for sale in China by the U.S.
Bloomberg inquired with Supermicro about the serial numbers of the Shanghai servers, questioning the original sales targets and timing. While the company did not provide specific answers, they asserted that “the sale of confirmed servers complies with all applicable U.S. export and re-export control laws.”
For the 119 servers produced by Gigabyte Technology, although documents did not specify the types of chips used, information reviewed indicated that their sale prices were on par with those of both Supermicro and Dell.
Official company registration data shows that Huang Le relinquished her shares in Shanghai Longteng in 2017, passing the ownership to new shareholder Huang Yu.
Reports from The Information have indicated that Huang Yu is Huang Le’s sister. Based on company registration records, Huang Yu maintained a majority stake in the company until January 2026, implying she was in charge when the Shanghai servers were used as collateral.
Bloomberg first disclosed connections between Megaspeed and the banned Nvidia chips in December 2025. At that time, both Nvidia and Megaspeed refused to comment on inquiries related to the Yangtze River Delta project, insisting that there were no suspicious activities surrounding the Megaspeed project.
In a statement, Dell expressed that “due to concerns over unauthorized smuggling activities, the company ceased all sales and support services to Aperia in February 2025.”
Nvidia also clarified that by the time Aperia’s CEO was arrested, the company no longer regarded Aperia as an active customer and had removed Aperia from its publicly listed partner list.
Supermicro replied to Bloomberg, confirming that it had not sold Nvidia chips to any Chinese companies related to the Shanghai data center and asserted that it had no involvement with the center itself.