Announcement from Merit Interactive, its subsidiary Guoxin Cloud Control plans to increase the investment in Zhejiang Cloud Number Reaching Technology Co., Ltd. by 10 million yuan, increasing the shareholding percentage from 17.5% to 19.59 after the investment. This capital increase is considered a related-party transaction, as one of the shareholders of Cloud Number Reaching is a company controlled by the actual controller of Merit Interactive. The capital increase falls within the approval authority of the board of directors and does not require approval from the shareholders' meeting. The relevant agreements have not been signed yet. Cloud Number Reaching is a data intelligence company in the smart transportation industry, focusing on the development of smart transportation products.
每日互动:拟对云通数达增资1000万元
Merit Interactive: Intends to increase the investment in Cloud Number Reaching by 10 million yuan.
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