Group 1 - Meigao will invest 50 million yuan in AIoT company Teslian, acquiring 0.24% of the total shares, aligning with its long-term development goals and strategic planning [2] - Teslian, founded in 2015, is a leader in the AIoT sector, providing a full-stack AIoT product suite including software, hardware, computing power, and services through its innovative AIoT operating system TacOS [2][3] - As of March 31, 2024, Teslian's products have been deployed by over 700 clients across 136 cities globally, demonstrating strong market recognition [3] Group 2 - Meigao is a leader in Hong Kong's IT infrastructure sector, covering various fields such as IT solutions, AI technology, cloud services, and cybersecurity [4] - In recent years, Meigao has increased investments in AI solutions and infrastructure development, focusing on integrating advanced technologies like AI, 5G, big data, and IoT into sectors such as smart education, healthcare, government, and manufacturing [5]