Beijing Egova announced that the company plans to invest in establishing a wholly-owned subsidiary in Jinan City, Shandong Province, with a registered capital of 0.1 billion yuan. It will use its own funds for capital contribution, holding 100% of the shares. The subsidiary is planned to be named Egova Digital City Services Co., Ltd., aiming to coordinate the layout of the northern regional market, enhance core competitiveness, and promote sustainable business development. The company plans to focus on expanding new digital infrastructure construction and operation services, and carry out research and development of core applications for smart cities and solution implementations through this subsidiary. This investment will not have any adverse effects on the company's financial condition.
数字政通：投资1亿元设立全资子公司
Beijing Egova: investing 0.1 billion yuan to establish a wholly-owned subsidiary.
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