Shiji Information has received approval from the China Securities Regulatory Commission to register its share-issuance asset purchase. The company plans to acquire a 13.50 percent stake in Shenzhen Siss Software Co., Ltd. through a share issuance, with a transaction value of approximately 216 million yuan. The issuance price is 6.52 yuan per share, and the number of shares to be issued is 33.1405 million, accounting for 1.20 percent of the listed company's total share capital after the issuance. The counterparties are Shanghai Yunxin Venture Capital Co., Ltd., Zhang Yuhong, and Zhang Wei. Siss Software is a controlled subsidiary of Shiji Information, focusing on retail industry digitalization. This acquisition of a minority stake aims to strengthen control and deepen the company's presence in the retail sector.
Beijing Shiji Information Technology Co LtdCSRC approval for share-issuance purchase of minority stake in Siss Software to strengthen control and deepen retail presence.