On November 19, GRG Banking (002152.SZ) disclosed that it had been awarded two 'Bid Winning Notices'. The company emerged victorious in the competitive bidding for both the 'Hardware Construction Project of the Artificial Intelligence Applications Pilot Base (Phase I) - Equipment Procurement and Supporting Services' and the 'Software Construction Project of the Artificial Intelligence Applications Pilot Base', with the combined winning bid value reaching 308 million yuan. The entity that submitted the bids for this project, Guangzhou Digital Health Technology Co., Ltd., is a fully-owned subsidiary of Guangzhou Digital Technology Group Co., Ltd., which happens to be the controlling shareholder of GRG Banking. Consequently, this transaction qualifies as a related-party deal. GRG Banking will adhere to the stipulated approval processes moving forward. This successful bid acquisition is poised to bolster the company's commitment to its 'AI in Everything' strategy, enabling it to capitalize on the early-mover benefits in the burgeoning 'AI+Life and Health' industry. Moreover, it will offer significant backing for the company's strategic advancement and long-term business sustainability.
