Hongcan Co., Ltd. signed a glass curtain wall LED transparent screen investment cooperation project with a contract amount of 15 million

On August 22, Hongcan Co., Ltd. (870029) recently announced that Shanghai Hongcan Information Technology Co., Ltd. (hereinafter referred to as the "Company") and Xinjiang Space Dayu Technology Media Co., Ltd. (hereinafter referred to as the "Party A") completed the signing of the glass curtain wall LED transparent screen investment cooperation project contract (hereinafter referred to as the "Contract").

AParty: Xinjiang Space Dayu Technology Media Co., Ltd.

Party B: Shanghai Hongcan Information Technology Co., Ltd.

Project name: Glass curtain wall LED transparent screen investment cooperation project

Contract amount (lowercase): 15,000,000 yuan

Contract amount (uppercase): one thousand five hundred thousand yuan (tax included)

Payment method: Party A promises to pay the contract payment in installments within five years from the date of signing this contract. The amount of each payment is 3,000,000 yuan (in capital letters: three million yuan)

The parties signing this contract are not related, and the performance of the above contract does not constitute a related transaction.

The performance of the above-mentioned "Contract" will help enhance the competitiveness of the company and its subsidiaries' related businesses, is in line with the company's strategic development plan, is conducive to the company's long-term development, and will have a positive impact on the company's future operating performance and long-term development.

Cabei.com data shows that the main products of Hongcan Co., Ltd. are smart city solutions and big data solutions; big data platforms such as information service bus (ISB), master data management (MDM), unified identity authentication (UAM), data center (ODS) and resource application platform (RAP). Provide customers with customized big data solutions and provide corresponding maintenance services and technical support.