---
title: "CITMS plans to issue additional shares to acquire 100% equity of Beihai Technology"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/232747882.md"
description: "CITMS plans to acquire 100% equity of Beihai Technology through a private placement of shares and cash payment, and to raise matching funds from no more than 35 specific investors. Beihai Technology mainly provides comprehensive services for digital products. After the transaction is completed, it will integrate its product system and technological reserves, enhance the company's data analysis and operational capabilities, promote the company's expansion from G-end clients to B-end clients, and improve market competitiveness"
datetime: "2025-03-21T12:53:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/232747882.md)
  - [en](https://longbridge.com/en/news/232747882.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/232747882.md)
---

# CITMS plans to issue additional shares to acquire 100% equity of Beihai Technology

According to the Zhitong Finance APP, CITMS (688038.SH) disclosed a plan for issuing shares and paying cash to acquire assets and raise supporting funds, as well as related party transactions. The company intends to purchase 100% equity of Beihai Technology held by the counterparty through the issuance of shares and cash payment, and to issue shares to no more than 35 specific investors to raise supporting funds.

The main business of the target company is comprehensive services for digital products. Through its self-developed data operation service platform, combined with user profiles and application scenarios, it sells and integrates digital product combinations from different industries and facilitates settlement, achieving comprehensive operational services for the aggregation, integration, and distribution of digital products. The target company and the company are both suppliers of information technology and digital comprehensive services. After the completion of this transaction, the company will integrate the target company's mature product system, technological reserves, and customer channel resources, further improve its business layout, enhance the company's data analysis and operational capabilities, and strengthen the collaborative value of both parties in data governance and data operations. This transaction is beneficial for the company to accelerate its expansion from G-end customers to B-end customers and to strategically transform from data governance to data operations, thereby enhancing the company's comprehensive data service capabilities and market competitiveness

### Related Stocks

- [688038.CN](https://longbridge.com/en/quote/688038.CN.md)

## Related News & Research

- [07:03 ETHaier sa ôsmy rok po sebe umiestňuje v rebríčku Kantar BrandZ Top 100 ako jediná značka ekosystému IoT na svete](https://longbridge.com/en/news/286900700.md)
- [TABLE-North Sea gas maintenance schedule](https://longbridge.com/en/news/286528324.md)
- [03:40 ETHaier Named the World's Only IoT Ecosystem Brand in Kantar BrandZ Top 100 for Eight Consecutive Years](https://longbridge.com/en/news/286732510.md)
- [Here's How Much $100 Invested In EchoStar 5 Years Ago Would Be Worth Today](https://longbridge.com/en/news/286961297.md)
- [Russia plans to return staff to Iranian Bushehr nuclear plant in coming weeks, RIA reports](https://longbridge.com/en/news/286905394.md)