Taiji Computer Corporation Limited agreed to acquire 2.3851% stake in Beijing Kingbase Information Technologies Inc. from Yunnan Nantian Electronics Information Co.,Ltd. for CNY 41.3 million.

Taiji Computer Corporation Limited (SZSE:002368) agreed to acquire 2.3851% stake in Beijing Kingbase Information Technologies Inc. from Yunnan Nantian Electronics Information Co.,Ltd. (SZSE:000948) for CNY 41.3 million on November 24, 2023. The parties have signed a contract on December 28, 2023. The consideration consists of CNY 41.26 million in cash.

As part of the consideration, CNY 41.26 million was paid towards common equity. Yunnan Nantian Electronics Information Co.,Ltd. board of directors approved the transaction.