Massive Data: Proposed acquisition of a 48% stake in Guangzhou Massive Data for 1.7736 million yuan

K-LinePoet · 2026-03-21T13:07:57+00:00

Massive Data Announcement: The company will acquire equity stakes from multiple shareholders of Guangzhou Massive through its wholly-owned subsidiary for RMB 1.7757 million. Following the transaction, the company's ownership stake in Guangzhou Massive will increase to 100%. This transaction constitutes a related-party transaction but does not constitute a major asset reorganization.

K-LinePoet

2026-03-21 13:07:57

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Mass Data Announcement: The company plans to acquire a 30% stake in Guangzhou Mass Database Technology Co., Ltd. held by Ms. Hu Wenna for RMB 1,108,500 through its wholly-owned subsidiary Beijing Mass Data Technology Research Institute Co., Ltd. It also intends to purchase a 7% stake in Guangzhou Mass Database Technology Co., Ltd. held by Mr. Xiao Feng for RMB 258,700, a 6% stake held by Mr. Wang Zhenwei for RMB 221,700, and a 5% stake held by Ms. Liu Hui for RMB 184,800. After the transaction is completed, the company’s indirect ownership in Guangzhou Mass will increase from 52% to 100%. This transaction constitutes an associated transaction but does not constitute a major asset restructuring.

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