CITIC Guoan Information Industry announced that the delivery of the capital increase using a 49% stake in Yiyang Guoan to China Broadnet Hunan Network has been completed. Yiyang Guoan was valued at 26.4193 million yuan, and the company newly acquired a 0.5258% stake in China Broadnet Hunan. Combined with the corresponding share from the earlier capital increase using a 46.46% stake in Changsha Guoan, the total holding has risen to 3.5561%. This portion of equity has not yet completed industrial and commercial registration changes, and the final shareholding ratio is subject to the registration results filed with the market regulatory authorities. After the equity delivery is completed, an audit of profits and losses is required, with the relevant profits and losses borne by the original shareholders before delivery. The equity capital increase work for the remaining three subsidiaries is progressing. The company approved the proposal to participate in the integration of Hunan cable television networks in June 2025, and completed the equity capital increase process for Changsha Guoan in January 2026.
CITIC Guoan Information Industry Co LtdCompletes equity capital increase, increasing stake in China Broadnet Hunan to 3.5561%, a strategic asset integration.
