JFLB(SZ:002762) Zheng Quan Zhi Xing·2025-07-23 14:18Core Viewpoint - The company Jinfa Labi plans to invest 50 million RMB in Cangqiong Digital, aiming to explore new business opportunities and enhance long-term development [1][14]. Group 1: Investment Overview - The investment involves a cash injection of 50 million RMB into Cangqiong Digital, resulting in a 2.5641% equity stake post-investment [5][8]. - The investment was approved by Jinfa Labi's board and does not require shareholder meeting approval [1][14]. - Cangqiong Digital is a non-listed company specializing in geographic information systems and related technologies [2][4]. Group 2: Financial Performance of Cangqiong Digital - As of March 31, 2025, Cangqiong Digital reported total assets of 1.6477 billion RMB and total liabilities of 1.42673 billion RMB, resulting in a net asset of 220.97 million RMB [4]. - For the first quarter of 2025, Cangqiong Digital's revenue was 56.73 million RMB, with a net loss of 726,000 RMB [4][5]. - The company's revenue for the fiscal year 2024 was 772.18 million RMB, with a net profit of 87.53 million RMB [4]. Group 3: Shareholder Structure and Control - Cangqiong Digital's actual controller, Xu Wenzhong, holds 22.19% of the company's shares and has been influential in its management since its inception [3]. - The remaining shares are held by other shareholders, totaling 38.5168% [3]. Group 4: Investment Purpose and Financial Health - The investment aims to identify quality targets for financial investment and explore beneficial new businesses for long-term development [14]. - Jinfa Labi has sufficient cash reserves, with approximately 57 million RMB in cash and 100 million RMB in financial products as of the end of Q1 2025 [14].