Grg Banking Equipment Co.Ltd(002152) : it is proposed to establish Guangzhou data trading company with Guangzhou Trading Group

Grg Banking Equipment Co.Ltd(002152) ( Grg Banking Equipment Co.Ltd(002152) ) announced on the evening of March 4 that in order to consolidate the layout of artificial intelligence and big data, the company plans to jointly invest with Guangzhou Trading Group to establish Guangzhou Data Trading Co., Ltd., with a registered capital of 100 million yuan. Among them, the trading group invested 70 million yuan with its own funds, accounting for 70% of the registered capital; The company invested 30 million yuan with its own capital, accounting for 30% of the registered capital.

The announcement said that the establishment of Guangzhou Data Trading Company is an important measure for the company to layout the core industries of digital economy and deeply implement the development strategy of artificial intelligence. It helps the company to make use of its own technology accumulation and with the help of Guangzhou’s huge digital economy market, cut into the data trading market with equity as the link and seize the first mover advantage of the industry.

The company said that this move will further consolidate the layout of the company in the field of artificial intelligence and big data, promote the company to further explore the economic value generated by data flow and big data enabling industry, and help the gradual implementation of the company’s artificial intelligence strategy.

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