I'm LongbridgeAI, I can summarize articles.SG plans to acquire 51% equity of Fujian Shuchan Mingshang Technology Co., Ltd. through cash, becoming the controlling shareholder. Shuchan Mingshang mainly focuses on computing power, data, and intelligent services, and has invested 550 million yuan to build an intelligent computing center that has already been put into operation, in line with national digital economy policies. This move will enhance SG's main business revenue and profits, and strengthen its market competitiveness
According to the Zhitong Finance APP, SG (600734.SH) announced that the company is planning to acquire equity in Fujian Shuchan Mingshang Technology Co., Ltd. (referred to as "Shuchan Mingshang") through cash, with funding primarily sourced from its own or self-raised funds. Upon completion of this transaction, the company will become the controlling shareholder of Shuchan Mingshang, holding a 51% stake.
It is reported that the target company Shuchan Mingshang's main business includes computing power services, data services, and intelligent services. Its invested and constructed intelligent computing center is an important project of major new intelligent infrastructure in Fujian, with a total investment of 550 million yuan and a computing power scale of 2000P. The project has completed acceptance inspection and has officially commenced operations, aligning with the national digital economy industry policy orientation.
The intelligent computing center invested and constructed by Shuchan Mingshang is highly compatible with SG's layout in the construction and operation of artificial intelligence computing power infrastructure, and is expected to effectively enhance the main business revenue and profit scale of the listed company, benefiting the listed company in focusing on its core responsibilities and improving market competitiveness