SG(SH:600734) Zhong Guo Zheng Quan Bao·2025-11-04 20:40Core Viewpoint - The company plans to acquire 95% of Fujian Shuchan Ming Shang Technology Co., Ltd. for 185 million yuan, enhancing its capabilities in the computing power service sector [1][2][4] Group 1: Acquisition Details - The acquisition involves purchasing 51% of the shares from the related party Fujian Big Data Industry Investment Holding Co., Ltd. for 99.11 million yuan and 44% from Shanghai Daming City Enterprise Co., Ltd. for 85.51 million yuan [1][2] - The remaining 5% of shares are controlled by a related entity of SenseTime Group through contractual arrangements [3] Group 2: Financial Implications - The target company, Shuchan Ming Shang, has a total investment of 550 million yuan in its computing power center project, with a computing capacity of 2000P, expected to be operational by September 2024 [1][5] - Shuchan Ming Shang's financials show total assets of 528 million yuan, net assets of 184 million yuan, operating income of 34.11 million yuan, and net profit of 3.96 million yuan for 2024 [5] Group 3: Strategic Importance - The acquisition is part of the company's strategy to enhance its market competitiveness in the artificial intelligence computing infrastructure sector, aligning with its core business areas [4][6] - The transaction is expected to improve the company's main business revenue and profit scale, while also addressing potential competition issues with its controlling shareholders [6]