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In a public announcement, Donghua Software revealed its intention to allocate 300 million yuan of its internal funds towards the establishment of a fully-owned subsidiary, namely Donghua Shuzhi Technology (Beijing) Co., Ltd. The newly formed entity will concentrate on the research, development, and commercialization of emerging ventures within the fields of artificial intelligence (AI) and big data. Additionally, it will function as a global technology and service delivery hub, propelling the company's strategic shift, boosting its agility and service prowess in the domestic smart technology landscape, and solidifying its footprint in the AI domain. Notably, this investment is anticipated to exert minimal influence on the company's financial health and operational stability.
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