KINGLAND TECHNOLOGY(SZ:000711)2022-12-06 23:31Company Overview - Established in 1993 and listed on Shenzhen Stock Exchange in 1997 [2] - Initial business focused on high-tech copper and iron bimetal products, later shifted to software development and high-tech investments [2][3] - Main business transitioned to real estate development in 2008, and further adjusted to information system integration services in 2014 [3] Shareholder Structure - In June 2014, Jinglan Holdings acquired 18.65% of Tianlun Holdings, becoming the controlling shareholder [3] - The actual controller of the company is Liang Hui, following the name change to Jinglan Technology in November 2014 [3][4] - By December 2015, Baivote Investment transferred 20% of Yangshu Growth's shares to Rongtong Capital, which indirectly holds 30% of the shares through voting rights delegation [4] Strategic Positioning - The company positions itself in the "Ecological Environment Industry + Internet" sector [4] - Subsidiary Jinglan Huanyu Technology focuses on smart city solutions, including cloud computing and smart governance [4] - Jinglan Ecological Technology is developing in modern agriculture and digital water conservancy, leveraging IoT and cloud computing [4] Acquisition and Business Transformation - The acquisition of Muhe Water Saving aims to capitalize on the growing potential of the water conservation industry due to national policies [5] - Muhe Water Saving will become a wholly-owned subsidiary, facilitating entry into the agricultural water-saving sector [5] - The company plans to build a comprehensive water-saving industry chain, integrating energy-saving and information technology services [5]