ST FLDT's subsidiary plans to acquire 60% equity of Guangzhou Fengteng for no more than 28.8 million yuan
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FLDT's wholly-owned subsidiary Shanghai Zhongyan plans to acquire 60% equity in Guangzhou Fengteng for no more than 28.8 million yuan, with funding sourced from its own funds. This transaction aims to enhance the company's advantages in the field of internet performance marketing by integrating Guangzhou Fengteng's intelligent delivery system and data algorithms, improving the marketing capabilities of multi-traffic platforms, expanding the scale of performance marketing business, and deepening collaboration with e-commerce platforms to enhance e-commerce ecosystem service capabilities
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