Shijihengtong(SZ:301428) Ge Long Hui A P P·2025-09-26 12:52Core Viewpoint - Century Hengtong plans to acquire a 13% stake in Guizhou Qiantong Zhiliang Technology Co., Ltd. for approximately RMB 112.99 million, enhancing its strategic positioning in the smart transportation sector [1][2]. Group 1: Company Overview - Guizhou Qiantong Zhiliang Technology Co., Ltd. is a comprehensive service provider in smart transportation, primarily focusing on the ETC (Electronic Toll Collection) industry chain services and smart transportation information technology services [2]. - The company has a leading position in the ETC business across the country, with a significant scale of issuance and a 30-year exclusive operating right for highway network communication systems [2]. - Qiantong Zhiliang has been recognized as a high-tech enterprise and has received various accolades, including being named a "small giant" by Guizhou Province and a benchmark enterprise by the State-owned Assets Supervision and Administration Commission [2]. Group 2: Business Operations - The company's services encompass ETC issuance and customer service, derivative businesses related to ETC, network transmission and security, digital transformation of traffic infrastructure, and smart highway construction [2]. - Qiantong Zhiliang has established an OTN (Optical Transport Network) full optical transmission network and is involved in multiple pilot projects for cloud tolling and smart highways, demonstrating its capability for nationwide service output [2].