Gelonghui, November 18 - Vanjee Technology (300552.SZ) announced that to further meet the needs of its global strategy and enhance market competitiveness, the company has invested 20 million yuan of its own funds to establish a wholly-owned subsidiary, Peking Vanjee Data Technology Co., Ltd. (hereinafter referred to as "Vanjee Data"). Recently, Vanjee Data has completed business registration and obtained a "Business License" issued by the Haidian District Market Supervision Administration of Beijing.

As a leading enterprise in the field of intelligent transportation, the company has established a mature ecological system in the integration of vehicles, roads, and clouds, forming core capabilities such as vehicle-road collaboration, data processing, and platform construction, and actively participating in the integration construction across the country. With the rapid development of intelligent connected vehicles, data has become a core element driving technological innovation, optimizing decision-making, and accelerating commercialization. The establishment of the wholly-owned subsidiary Vanjee Data is based on the company's strategic development needs, aiming to continuously enhance the company’s capabilities in data collection, processing, mining, and application, transforming data into valuable products and services, and helping data holders and operators fully exploit the data value in the vehicle-road-cloud system.