Datang Capital Management (Beijing) Co., Ltd. agreed to acquire a 49.65% stake in Datang Gaoxin Venture Capital Co., Ltd. from Datang Telecom Technology & Industry Holdings Co., Ltd. and Datang Telecom Technology Co., Ltd. (SHSE:600198) CNY 285.6 million on December 11, 2023. The consideration is paid cash. As part of the consideration, CNY 285.6 million was paid towards common equity.

Datang Capital Management (Beijing) Co., Ltd. acquired 34.48% stake from Datang Telecom Technology & Industry for CNY 52,880,900 and 15.17% from Datang Telecom Technology Co., Ltd. for CNY 232,676,004. On July 25, 2023, Gohigh Networks held the 47th Meeting of the 9th Directorate and approved holding subsidiary Datang Capital Management (Beijing) Co., Ltd. exercising preemptive rights to acquire Datang Gaoxin Venture Capital.