Securities code: 300846 securities abbreviation: Capitalonline Date Service Co.Ltd(300846) Announcement No.: 2022-026 Capitalonline Date Service Co.Ltd(300846)
Announcement on foreign investment in the establishment of a wholly-owned subsidiary in Hainan
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without false records
Contains, misleading statements or material omissions.
1、 Overview of foreign investment
(I) foreign investment
In view of the needs of the company's operation and development, Capitalonline Date Service Co.Ltd(300846) (hereinafter referred to as "the company") plans to set up a wholly-owned subsidiary Capitalonline Date Service Co.Ltd(300846) (Wenchang) Information Technology Co., Ltd. (tentative name, subject to the final approval result of relevant local departments) in Hainan with its own funds. This investment is invested in currency, and the proposed investment amount is 45 million yuan.
(II) examination and approval of foreign investment
This investment matter was deliberated and adopted at the second meeting of the Fifth Board of directors of the company. According to the relevant provisions of Shenzhen Stock Exchange GEM Listing Rules and Capitalonline Date Service Co.Ltd(300846) articles of association, this foreign investment is within the scope of the deliberation authority of the board of directors of the company and does not need to be submitted to the general meeting of shareholders of the company for deliberation.
(III) this investment does not constitute a major asset reorganization as stipulated in the measures for the administration of major asset reorganization of listed companies. 2、 Basic information of investment object
1. Enterprise name: Capitalonline Date Service Co.Ltd(300846) (Wenchang) Information Technology Co., Ltd
2. Registered address: second floor, building 24, aerospace modern city, No. 168, Wenwei Road, Wenchang City, Hainan Province
3. Registered capital: 45 million yuan
4. Contribution method: monetary contribution
5. Equity structure: the company holds 100% of its equity and contributes with its own funds
6. Company type: limited liability company
7. Proposed business scope:
Licensed projects: Class II value-added telecommunications services (for projects subject to approval according to law, business activities can be carried out only after approval by relevant departments)
General items: technical services, technical development, technical consultation, technical exchange, technology transfer and technology promotion; Cloud computing equipment manufacturing; Sales of cloud computing equipment; Cloud computing equipment technology services; Manufacturing of computer software, hardware and peripheral equipment; Retail of computer software, hardware and auxiliary equipment; Computer system services; Leasing of computer and communication equipment; Data processing and storage support services; Software development; Software sales; Sales of electronic products; Network equipment manufacturing; Network equipment sales; Leasing of machinery and equipment (except for licensing business, it can independently operate projects not prohibited or restricted by laws and regulations).
The above information shall be subject to the final approval result of relevant departments in Hainan.
3、 Purpose of foreign investment, impact on the company and possible risks
(I) purpose of establishing the company and its impact on the company
The establishment of Hainan subsidiary Capitalonline Date Service Co.Ltd(300846) (Wenchang) Information Technology Co., Ltd. is in line with the company's long-term strategic layout. It is an effective way for the company to expand its business field, a powerful driving force for the company to integrate social resources and realize the profit growth of listed companies. It is also an effective means for the company to improve its technical strength and accumulate enterprise technical value. The capital source of this wholly-owned subsidiary is the company's own capital, which will not have an adverse impact on the company's operating conditions and will not damage the interests of the company and all shareholders.
(II) possible risks
1. The establishment of a wholly-owned subsidiary still needs to be reviewed or filed by the local administrative department, so there is a certain approval risk. 2. This foreign investment is a prudent decision made based on the company's strategic development needs and overall business planning, but there are still certain market risks, operation risks and management risks. The company will pay close attention to the national macroeconomic situation and the policy guidance related to domestic and foreign industries, and continue to improve corporate governance to prevent and deal with the above risks.
3. The company will timely perform the obligation of information disclosure in strict accordance with the requirements of relevant laws, regulations and normative documents. Please make prudent decisions and pay attention to investment risks!
It is hereby announced.
Capitalonline Date Service Co.Ltd(300846) board of directors February 9, 2022
