Pinming Technology: Jointly invests 5.1 million yuan with related parties to establish a holding subsidiary

Pinming Technology Announcement: The company plans to jointly invest 10 million RMB with Tongzhi Artificial Intelligence Technology (Beijing) Co., Ltd. and Tongming Brain Artificial Intelligence Technology (Beijing) Co., Ltd. to establish a controlling subsidiary, Beijing Pinzhi General Technology Co., Ltd. The company will contribute 5.1 million RMB of its own funds, accounting for 51% of the registered capital. This transaction constitutes an associated transaction but does not constitute a major asset reorganization. The target company is still in the initial preparation stage, and its establishment requires approval from the market supervision and administration department, with certain uncertainties.

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