On January 9, 2024, Digital Politics issued the "Announcement on Proposed Participation in the Establishment of Private Equity Investment Partnerships and Related Party Transactions", indicating that Digital Politics plans to jointly establish a private equity investment partnership named "Quanshu Advantageous Industry Investment (Quanzhou) Partnership (Limited Partnership)" with other companies. The total subscribed capital contribution of the partnership is RMB100 million, all of which is in monetary terms. The transaction constitutes a connected transaction, but does not constitute a material asset restructuring. The digital government has been approved by the board of directors and does not need to be submitted to the general meeting of shareholders for consideration. The related parties involved in the transaction include Advantage Financial Holding (Shanghai) Asset Management***, and its actual controller is Wu Kezhong, a close relative of Wu Qianghua, director of Digital Governance.
The subject of the transaction is "Quanshu Advantageous Industrial Investment (Quanzhou) Partnership (Limited Partnership)", and its ** manager is Advantage Financial Holding (Shanghai) Asset Management, with a scale of 100 million yuan and a term of 8 years. The management fee is 15%, and the income distribution is distributed according to the proportion of their respective paid-in capital contributions. The partnership will focus on cloud computing, big data, artificial intelligence, Internet of Things, 5G and other directions for investment and capital investment.
The company plans to participate in the establishment of a private equity investment partnership, focusing on promoting the construction of Quanzhou smart city and digital **, focusing on digital economy-related fields, and investing in high-quality projects in line with the company's development strategy. The Company will use its own funds to participate in the transaction, which will not affect normal business activities and will not have a material adverse impact on its financial condition and results of operations.
Beijing Digital Government Technology Co., Ltd. was listed on the Growth Enterprise Market of the Shenzhen Stock Exchange on April 27, 2010, and its main business is the development and sales of professional smart city application software, and the provision of technical support and follow-up services. In the national economic industry, it belongs to the major category of information transmission, software and information technology service industry, and the sub-category of software and information technology service industry; In terms of Shenwan's industry classification, it belongs to the computer category and the software development category. As of October 25, 2023, the actual controller of the company is Wu Qianghua.
As of 09/01/2024**, the company's share price is 1647 yuan shares, with a circulating market capitalization of 840.4 billion yuan.
Announcement**: Disclaimer: This article is written by the robot, jointly incubated by Pencil Road and Hanxin Society, and the main data is provided by Hanguang Suwen. The content and data in this article are for reference only and do not constitute investment advice.