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Zhishang Technology: Plans to Raise Capital for Acquiring 5%-10% Stake in Hengyang Data Post-Share Issuance
18 hour ago /
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Author：小编
Zhishang Technology revealed in a notice that it intends to acquire, via cash injection, a 5%-10% shareholding in Shenzhen Hengyang Data Co., Ltd., following the latter's share issuance. The valuation of Hengyang Data's entire equity post-investment is projected at 800 million yuan. However, this deal is contingent upon several conditions and remains subject to uncertainties. Hengyang Data is primarily engaged in the R&D, marketing, and servicing of intelligent computing and data processing products, along with providing application solutions. Zhishang Technology's strategic maneuver is designed to broaden its footprint in the domains of data communication and intelligent computing.
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