---
title: "SMIT realized S2C Shanghai investment with a pre-tax profit of 25.4 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/256272860.md"
description: "SMIT announced that its 95.43% subsidiary S2C Holding is selling a 16% stake in S2C Shanghai, which is a supplier of hardware-based rapid verification systems and software, to an independent third party for a cash consideration of RMB 212 million. The pre-tax sale proceeds are expected to be approximately USD 25.4 million"
datetime: "2025-09-07T11:56:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/256272860.md)
  - [en](https://longbridge.com/en/news/256272860.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/256272860.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/256272860.md) | [繁體中文](https://longbridge.com/zh-HK/news/256272860.md)


# SMIT realized S2C Shanghai investment with a pre-tax profit of 25.4 million yuan

SMIT (02239.HK) announced that its 95.43% subsidiary S2C Holding is selling a 16% stake in S2C Shanghai to an independent third party, which is a supplier of hardware-based rapid verification systems and software, for a cash consideration of RMB 212 million. The pre-tax sale proceeds are expected to be approximately USD 25.4 million

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