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China Unicom said the registration process for the new joint venture with Tencent has not yet been finalized,
中国联通表示，与腾讯成立新设合营企业的注册程序尚未完成，
and that it will focus mainly on its content distribution network and edge computing businesses, citing Tencent as a long-term strategic investor.
该合营企业将主要专注于内容分发网络和边缘计算业务，并称腾讯是其长期战略投资者。
Experts said the JV will help semen the country's digital economic prowess,
专家表示，合营企业将有助于培育中国的数字经济实力，
and take full advantage of the cooperation between the state-owned enterprise and a private company.
充分利用国有企业与民营企业的合作。
"The further cooperation between state-owned and private companies will provide stable confidence and expectations for the whole market.
“国有企业和民营企业的深度合作，将为整个市场提供稳定的信心和预期。
Through joint efforts and complementary advantages, they will give new energy and vitality to the economy."
双方共同努力，优势互补，必将为经济注入新的能量和活力。”
Upon the deal's completion, China Unicom will hold a 48 percent stake in the JV, and Tencent will have a 42 percent stake.
交易完成后，中国联通将持有合营企业48%的股份，腾讯则将持有42%的股份。
According to a report released on Monday, the remaining 10 percent of the shares will be held by a select number of employees.
根据周一发布的一份报告，其余10%的股份将由特定员工持有。
