Zhitong Finance App News, Zentong Electronics (002197.SZ) announced that, based on confidence in the development of the OpenHarmony industry, the company plans to jointly invest with relevant related parties to establish Shenzhen Zechaihong Technology Co., Ltd. (ultimately subject to registration approval by the registration authority, hereinafter referred to as “Zheng Kaihong”) to rapidly promote the company's business development in fields related to OpenHarmony's core technology base, and cultivate innovative growth points around the OpenHarmony industry.
The investment was carried out by the company, Zhuhai Hongye Yuantu No. 1 Technology Venture Partnership (limited partnership) (ultimately subject to registration approval by the registration authority, hereinafter referred to as “Hongye No. 1” or “shareholding platform”), and Zhuhai Hongye Yuantu No. 2 Technology Venture Partnership (limited partnership) (ultimately subject to registration approval by the registration authority, hereinafter referred to as “Hongye No. 2” or “Zheng Kaihong Employee Shareholding Platform”), Zhuhai Hongye Yuantu No. 3 Technology Venture Partnership (limited partnership) (finally subject to registration approval by the registration authority) (hereinafter referred to as “Hongye No. 3” or “Reserved Equity Pool”) Jointly funded The registered capital is tentatively set at RMB 30 million, and Zheng Kaihong will be included in the scope of the company's consolidated statements.
In order to promote the rapid development of Zheng Kaihong and motivate the management team and core key employees, the investment anticipates that the core management team and core key employees will hold a total of 39% of the shares through Hongye 1 and Hongye 2, and reserve 10% of the shares through Hongye 3 for social resources to promote the future development of Zheng Kaihong's business. Among them, Mr. Zeng Shengqiang, the chairman and president of the company, intends to be the executive partner of the co-investor, Mr. Fu Deliang, the company's vice president, plans to become the limited partner of Hongye No. 1, and the company's director, Mr. Cheng Shengchun, intends to be the executive partner of the co-investors Hongye No. 2 and Hongye No. 3. According to the relevant provisions of the “Shenzhen Stock Exchange Stock Listing Rules”, Hongye No. 1, Hongye No. 2, and Hongye No. 3 are legal entities associated with the company, and this transaction constitutes a related transaction.
The company said that in response to the demand for continuous upgrading of digital intelligence in various industries in the future, the company decided to invest in the establishment of Zeng Kaihong to independently develop OpenHarmony related businesses in line with the needs of actual scenarios.