ST JFLB plans to increase its capital by 50 million yuan to Cangqiong Digital
I'm LongbridgeAI, I can summarize articles.ST JFLB announced plans to increase its investment in Cangqiong Digital by 50 million yuan to seek quality targets for financial investment and explore emerging businesses. After the capital increase, *ST JFLB will hold 2.5641% equity in Cangqiong Digital. Cangqiong Digital focuses on the geographic information industry, involving remote sensing technology, geographic information systems, and global navigation satellite systems, providing comprehensive geographic information products and services
According to the announcement from *ST JFLB (002762.SZ), in order to seek high-quality targets for new productive forces for financial investment and to explore beneficial emerging businesses for future development, the company plans to invest RMB 50 million in Cangqiong Digital, accounting for 2.5641% of the equity after the capital increase.
Since its establishment, Cangqiong Digital has focused on the geographic information industry (specifically the "3S" technology field consisting of Remote Sensing (RS), Geographic Information Systems (GIS), and Global Navigation Satellite Systems (GNSS)), engaging in technology and product research and development related to government, enterprise, and national defense informatization. It is a comprehensive geographic information product provider that integrates geographic information platform development, software and hardware product development, data acquisition and processing, operation and maintenance services, and industry solutions
