--- title: "Fu Xiaotong fully subscribes to the supporting funds to empower Prevail's acquisition of Zhongkong Information" type: "News" locale: "en" url: "https://longbridge.com/en/news/288208219.md" description: "Prevail announced a major asset restructuring plan, intending to issue shares and pay cash to acquire 100% equity of Zhongkong Information, and to raise supporting funds of no more than 634 million yuan from the actual controller, Xiao Tong. This move aims to consolidate control, enter the AI digital intelligence track through mergers and acquisitions, and achieve the company's strategic transformation and industrial upgrade" datetime: "2026-06-01T03:32:09.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/288208219.md) - [en](https://longbridge.com/en/news/288208219.md) - [zh-HK](https://longbridge.com/zh-HK/news/288208219.md) generator: "portal-rs" --- # Fu Xiaotong fully subscribes to the supporting funds to empower Prevail's acquisition of Zhongkong Information On the evening of May 29, following the disclosure of the preliminary plan on December 18, 2025, Prevail (300710.SZ) officially released a draft report on a major asset restructuring, proposing to acquire 100% equity of Zhongkong Information through the issuance of shares and cash payment. At the same time, it plans to issue shares to the company's actual controller, Mr. Fu Xiaotong, to raise supporting funds not exceeding 634 million yuan for cash consideration, project construction, and related expenses. According to the draft disclosure, in this transaction, Mr. Fu Xiaotong, the actual controller of Prevail, will further consolidate his position as the actual controller by fully subscribing and increasing his shareholding, thereby enhancing the management and control of the listed company and improving corporate governance. He has also signed commitments regarding "not to relinquish control of the listed company," "maintaining stability of control over the listed company," and "share lock-up period." The actual controller of Zhongkong Information, Zhao Hongming, and the counterparties Huige Partnership, Chint Electric, Yunyin Partnership, and Zhige Partnership, who are expected to hold more than 5% of the listed company after the transaction, have each issued commitment letters stating they will not seek control of the listed company. When mentioning Fu Xiaotong, the outside world often focuses on his capital operation experience, overlooking his solid industrial foundation and long-termism. Since taking over Prevail, Fu Xiaotong has consistently adhered to the principle of operating based on the real economy and upgrading the industry, avoiding speculation and short-term market value games. All decisions revolve around improving the main business quality of the listed company, upgrading the industry track, and enhancing sustainable profitability. Leading Prevail's acquisition of Zhongkong Information is a strategic industrial move aimed at addressing industry cycles, filling corporate gaps, and solidifying the foundation for long-term development. In recent years, as the national "One Network" integration gradually completes, resources in the broadcasting industry have further concentrated, and equipment procurement has become more intensive and bulk-oriented. The industry as a whole has transitioned from a high-speed growth phase to a stage of stock upgrading and structural adjustment, leading to a continuous compression of profit margins in Prevail's traditional broadcasting equipment business. How to break free from the shackles of traditional business, enter the national strategic emerging track, and build new core competitiveness has become a core issue that Prevail urgently needs to address. Based on a deep analysis of industry trends, Fu Xiaotong has accurately identified Zhongkong Information as a quality asset in the digitalization of infrastructure under the AI wave, promoting Prevail to implement significant industrial mergers and acquisitions. The core purpose of this acquisition is to promote transformation, improve quality, enhance capabilities, and expand tracks. Through industrial integration, it aims to fundamentally change the company's single business structure and enhance the listed company's risk resistance and long-term growth potential from the root. Zhongkong Information is a leading domestic provider of infrastructure digitalization services, deeply engaged in related fields such as urban transportation, rail transportation, highway transportation, water environment, and intelligent buildings. It possesses a complete independent research and development system, mature industry solutions, and rich implementation cases, making it one of the few quality digitalization targets in China with scale, technical barriers, and stable profitability. Through this integration, Prevail will enter emerging tracks such as digital infrastructure and smart cities, thoroughly breaking the growth ceiling of the enterprise and establishing a new development pattern of coordinated development between broadcasting and optical communication + infrastructure digitalization, facilitating the transition from old to new driving forces Determining the core responsibilities of a company's actual controller has never been about labels, but rather about concrete actions. During this restructuring process, Fu Xiaotong's hard-core initiative of fully subscribing to the supporting fundraising with cash has conveyed the strongest confidence in long-term development to the market. Unlike the model of institutional participation in fundraising and capital stratification games seen in most restructurings, Fu Xiaotong has increased his investment in the listed company with his own real money, actively investing funds to support industrial integration, business implementation, and capacity upgrades. This initiative has effectively responded to the market's one-sided interpretations. On one hand, the actual controller's full subscription means no cashing out, no games, and no retreat, actively binding himself with the listed company and all minority shareholders, sharing risks and benefits; on the other hand, the sufficient funding provides ample financial support for business integration, technological research and development, market expansion, and talent reserves after the acquisition, ensuring that industrial integration is implemented effectively and empowers real operations, rather than remaining at the level of capital concept speculation. In the future, with the successful implementation of this major industrial acquisition, Prevail is expected to leverage its new advantages driven by both hardware and software under Fu Xiaotong's strategic leadership, deeply integrate into the wave of building a digital China, continuously enhance operational capabilities, unlock industrial value, and strengthen investment value in the capital market, striving to write a new chapter of high-quality development for the listed company ### Related Stocks - [300710.CN](https://longbridge.com/en/quote/300710.CN.md) - [601877.CN](https://longbridge.com/en/quote/601877.CN.md) ## Related News & Research - [Smartbird targets enterprise demand with managed dedicated AI infrastructure deployments](https://longbridge.com/en/news/296352725.md) - [23:30 ETBlueprint Finance Announces Strategic Funding Round to Scale Concrete's Institutional DeFi Infrastructure](https://longbridge.com/en/news/296429942.md) - [Tariff winners - 3 stocks that could benefit from trade chaos](https://longbridge.com/en/news/296217003.md) - [REG - Net Zero Infrastrctr - Fundraising Successfully Completed](https://longbridge.com/en/news/296364681.md) - [Goldman Sachs Says This 1 Stock Is Set to Be the Biggest AI Productivity Winner](https://longbridge.com/en/news/296259340.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**