Is ChinaCache still in business?

ChinaCache is a dormant public shell. Its overseas CDN business was sold to EdgeNext on February 14, 2023, it was delisted from Nasdaq in September 2019, and its OTC ticker CCIHY has been labeled defunct since November 2020. No verified financials exist post-2022.

Is ChinaCache profitable?

ChinaCache reported FY2022 net income of RMB455.09 million, but this was driven by non-operating, one-off items rather than core operations; FY2021 saw a net loss of RMB14.47 million. No independently verifiable financials exist for the company after 2022.

Why was ChinaCache delisted from Nasdaq?

Nasdaq's Hearings Panel formally delisted ChinaCache (ticker CCIH) in September 2019, following a May 2019 trading halt triggered when founder and CEO Song Wang resigned amid a Beijing bribery investigation. The company then moved to OTC markets.

Who bought ChinaCache's CDN business?

EdgeNext, a US/Middle East-based edge cloud provider, completed acquisition of ChinaCache's entire overseas CDN and cloud business on February 14, 2023, absorbing its non-China customers, staff, and infrastructure. Terms were not disclosed.

Is it safe to take a job at ChinaCache?

Data from Revelio Labs shows ChinaCache had zero active job postings in 2025, consistent with a dormant company in run-off status. Its Nasdaq delisting (2019), overseas business sale (2023), and lack of verified post-2022 financials suggest limited career stability.

Who is ChinaCache's biggest competitor?

Wangsu Technology (formerly ChinaNetCenter) is China's dominant domestic CDN rival, having also acquired the global CDN brand CDNetworks in 2017 for $185.72 million. Chinese hyperscalers Alibaba Cloud, Tencent Cloud, and Baidu Cloud also compete directly in China's CDN/cloud market.

Telecom operators · China

ChinaCache International Holdings

chinacache.com ↗

Delisted Chinese CDN pioneer, now a dormant shell after selling its overseas business.

Little protection left

Assessed 26 July 2026 · Evidence as of 26 July 2026

Not much stands between this business and its pressures.

On the recordSince 26 July 2026 · Checkable from unscheduled, watch ongoing · Every call on the record Checkpoint: Any SEC filing resuming reporting, a reverse split, or a formal dissolution notice

The call

ChinaCache stopped operating as a real competitor years ago, and its Nasdaq shell now trades at pennies with no confirmed revenue or hiring since 2022.

ChinaCache was a content delivery network company that sped up internet traffic for customers across China and overseas. The company sold off its overseas operations in early 2023 and stopped reporting financial results, leaving behind only a Chinese CDN license and old carrier relationships. Wangsu Technology and Tencent Cloud now dominate China's delivery market with newer technology and active investment, making ChinaCache's unused license increasingly obsolete. The only thing that matters now is whether the company files new financial reports or officially shuts down, since the stock trades for pennies on almost no buying interest.

Why

AI pressure: None apparent. There is no active business left to disrupt with AI: no product roadmap, no customers to poach with an AI competitor. Could AI do the core job? Yes, likely.

Bigger players: Alibaba Cloud, Tencent Cloud, Baidu Cloud, and Wangsu Technology. These firms already run China's CDN and cloud delivery market while ChinaCache sold off its overseas CDN unit to EdgeNext in 2023 and stopped hiring. Could a giant copy it? Yes, easily.

What protects it. It still holds a Chinese national CDN license and old carrier relationships, but nothing active defends them.

What would change this call

SEC filing resumes reporting or shows reverse merger for ChinaCache. Would show the equity retains residual value rather than being a dead shell.
Formal dissolution or wind-down notice filed for ChinaCache. Would confirm the company has fully ceased operating and unwound.
Any new hiring, contract, or product announcement from residual domestic ChinaCache entity. Would show reinvestment and active commercial activity rather than dormancy.

Key numbers

OTC ticker marked defunct since Nov 2020 (2020-11-01)
0 active job postings tracked in 2025 (2025-12)
Overseas CDN business sold to EdgeNext, Feb 2023 (2023-02-21)

Named risks

Company is an effectively defunct public shell with no verified financials since 2022. Severity: high
Zero active job postings and no product motion in 18+ months signal dormancy or wind-down. Severity: high
Residual domestic entity has unclear parent/ownership after 2023 overseas divestiture. Severity: medium
Sector-wide US-China delisting and audit-access (HFCAA) political risk. Severity: medium
OTC shares trade near worthless levels (~$0.03-$0.06) on negligible volume. Severity: high

Rivals, as read in July 2026

Rival	Direction	Evidence
Wangsu Technology / ChinaNetCenter	losing to	Domestic CDN leader; acquired CDNetworks in 2017 for $185.72M while ChinaCache stayed delisted
EdgeNext	losing to	Acquired ChinaCache's entire overseas CDN business on Feb 14, 2023; now expanding it globally
Alibaba Cloud, Tencent Cloud, Baidu Cloud	losing to	Hyperscalers absorbed China's CDN/cloud market while ChinaCache sat dormant post-2022

Questions people ask

Is ChinaCache still in business?: ChinaCache is a dormant public shell. Its overseas CDN business was sold to EdgeNext on February 14, 2023, it was delisted from Nasdaq in September 2019, and its OTC ticker CCIHY has been labeled defunct since November 2020. No verified financials exist post-2022.
Is ChinaCache profitable?: ChinaCache reported FY2022 net income of RMB455.09 million, but this was driven by non-operating, one-off items rather than core operations; FY2021 saw a net loss of RMB14.47 million. No independently verifiable financials exist for the company after 2022.
Why was ChinaCache delisted from Nasdaq?: Nasdaq's Hearings Panel formally delisted ChinaCache (ticker CCIH) in September 2019, following a May 2019 trading halt triggered when founder and CEO Song Wang resigned amid a Beijing bribery investigation. The company then moved to OTC markets.
Who bought ChinaCache's CDN business?: EdgeNext, a US/Middle East-based edge cloud provider, completed acquisition of ChinaCache's entire overseas CDN and cloud business on February 14, 2023, absorbing its non-China customers, staff, and infrastructure. Terms were not disclosed.
Is it safe to take a job at ChinaCache?: Data from Revelio Labs shows ChinaCache had zero active job postings in 2025, consistent with a dormant company in run-off status. Its Nasdaq delisting (2019), overseas business sale (2023), and lack of verified post-2022 financials suggest limited career stability.
Who is ChinaCache's biggest competitor?: Wangsu Technology (formerly ChinaNetCenter) is China's dominant domestic CDN rival, having also acquired the global CDN brand CDNetworks in 2017 for $185.72 million. Chinese hyperscalers Alibaba Cloud, Tencent Cloud, and Baidu Cloud also compete directly in China's CDN/cloud market.

Timeline

2023-02-14EdgeNext completes acquisition of ChinaCache's overseas CDN and cloud business
2021-06-07Pomerantz LLP announces approved securities class-action settlement
2020-11-01OTC ticker CCIHY described as defunct by SeekingAlpha
2019-09-10Nasdaq finalizes delisting of ChinaCache (ticker CCIH)
2019-06-12Trading halted; CEO Song Wang resigns amid Beijing bribery investigation
2017ChinaCache issued China's National CDN License
2010-10ChinaCache IPOs on Nasdaq under ticker CCIH, raising about $55.5 million
2000ChinaCache receives CDN license from China's Ministry of Industry and Information Technology
1998ChinaCache founded by Song Wang as China's first CDN provider

Revision history

26 July 2026

First assessed. Little protection left. The text above is fixed as of this date and is not edited afterwards.

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