Securities code: 300846 securities abbreviation: Capitalonline Date Service Co.Ltd(300846) Announcement No.: 2022-045 Capitalonline Date Service Co.Ltd(300846)
Announcement on capital increase of wholly owned subsidiaries in Singapore
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions. 1、 Overview of foreign investment
Capitalonline Date Service Co.Ltd(300846) (hereinafter referred to as “the company”) held the fourth meeting of the Fifth Board of directors on February 25, 2022, deliberated and approved the proposal on capital increase of wholly-owned subsidiaries in Singapore, and agreed to increase the capital of Singapore’s wholly-owned subsidiary intercity interconnection (Singapore) Co., Ltd. (hereinafter referred to as “intercity interconnection”) by S $450000, Support the development of the company’s overseas business. After the capital increase, the registered capital of intercity Internet will increase to S $900000.
According to the relevant provisions of the Capitalonline Date Service Co.Ltd(300846) articles of association, this capital increase is within the authority of the board of directors and does not need to be approved by the general meeting of shareholders. This capital increase does not involve related party transactions, nor does it constitute a major asset reorganization stipulated in the administrative measures for major asset reorganization of listed companies. 2、 Basic information of the capital increase object 1. Company Name: intercity Internet (Singapore) Co., Ltd
2. Date of establishment: October 12, 2020
3. Registered address: 60 bayeliba Road, 05-15 bayeliba Plaza, Singapore 4. Registered capital: S $450000 (before this capital increase) 5. Director: Rodin 6. Main business: cloud computing services. 7. 8. Financial data of wholly-owned subsidiaries in the latest year:
Unit: RMB
2020 2021 (Unaudited)
Total assets 564806.70 193552.73
Total liabilities 193867.83 232526.76
Net assets 370938.87 -38974.03
2020 2021 (Unaudited)
Operating income 0
Net profit -124986.30 -1369887.11
9. After verification, intercity Internet is not the person to be executed for dishonesty.
3、 The way of capital increase and the equity structure before and after capital increase
Before and after capital increase
Shareholder name contribution shareholding shareholder name contribution shareholding ratio (S $10000)
Beijing Capital in Beijing
Online technology 45 100% online technology 90 100% Co., Ltd
company
Total 45 100% total 90 100%
4、 Purpose and impact of this capital increase (I) purpose of capital increase
The company is a global Internet data center service provider, committed to providing global cloud network integration solutions for Chinese enterprises going to sea. The company mainly serves customers in Internet segments such as games, e-commerce, video, education, big data and traditional industries, and provides them with fast, safe and stable cloud services and IDC services around the world. Among them, cloud services are mainly cloud host services.
Intercity interconnection was established in 2020 with a registered capital of S $450000. Due to the rapid development of the company’s overseas business, based on the current industry development status and the company’s development plan, combined with the actual situation of the company, the company plans to increase the capital of intercity interconnection to support the development of the company’s overseas business and further accelerate the expansion of the company in the overseas market. (II) risks of this capital increase and its impact on the company
1. This capital increase is based on the current development status of the industry and the company’s development plan, combined with the actual situation of the company. It is in line with the company’s overall development strategy, helps to meet the capital needs for the development of intercity interconnection, helps to further expand overseas business, and conforms to the interests of all shareholders of the company.
2. After the completion of this capital increase, intercity Internet is still a wholly-owned subsidiary of the company, which will not change the scope of the company’s consolidated financial statements. This capital increase is funded by the company’s own funds, which will not have a significant adverse impact on the company’s financial and operating conditions, and there is no damage to the interests of the company and all shareholders.
3. The management of the company will take active and appropriate measures to strengthen risk control to deal with the risks caused by possible market and operational uncertainties.
4. This investment is subject to the examination and approval of relevant Chinese departments and competent authorities. As this capital increase is an overseas investment, it needs the filing and approval of relevant competent authorities such as commerce, development and reform, foreign exchange and so on. There is uncertainty whether it can pass the examination and approval smoothly. The company will timely fulfill the obligation of information disclosure according to the progress.
5、 Documents for future reference
Resolution of the Capitalonline Date Service Co.Ltd(300846) 4th meeting of the 5th board of directors.
It is hereby announced.
Capitalonline Date Service Co.Ltd(300846) board of directors February 26, 2022
