Financial Affiliate Society, October 14th news (Reporter Wu Chao) Just as the transformation to IDC has not seen results, and the performance may continue to be in loss for two consecutive years, shanghai cdxj digital technology (603887.SH) the actual controller has chosen a new owner, and the State-owned Assets Supervision and Administration Commission of the State Council will become the new actual controller.

shanghai cdxj digital technology announced this evening that the company has signed a 'Conditional Effective Stock Subscription Agreement' with China Power Consultant Group Beijing Wisdom Calculation Co., Ltd. (referred to as 'China Energy Intelligence Calculation'), planning to issue approximately 139 million A-shares to China Energy Intelligence Calculation at a price of 5.00 yuan per share, not less than 80% of the average stock price of the company in the twenty trading days prior to the pricing benchmark date. In this private placement, the total amount of funds the China Energy Intelligence Calculation intends to subscribe is approximately RMB 697 million.

After this issuance is completed, China Energy Intelligence Calculation will hold approximately 139 million shares of the company, accounting for about 23.08% of the total share capital after the issuance. After this issuance is completed, the controlling shareholder of the company will change from Xie Xiaodong and his concerted action person Lu Jingfang to China Energy Intelligence Calculation, and the actual controller will change to the State-owned Assets Supervision and Administration Commission of the State Council.

Public information shows that shanghai cdxj digital technology was originally a design consulting and construction company for foundation and basic engineering. Due to poor performance, the company began a strategic transformation and introduced IDC business through the acquisition of cdxj Technology in 2019. In the financial report, the company stated that starting from the second half of 2023, the company has clearly defined the future strategic direction, shifting its business focus entirely to IDC-related services.

According to the introduction of this issuance prospectus, after five years of strategic transformation, the company has become a leading comprehensive computing center solution provider in the East China region, with a high-standard comprehensive computing center with over 300 megawatts of IT capacity in the East China region.

However, the cross-border transformation has not improved the performance of shanghai cdxj digital technology. In 2023, the company's net profit was a loss of 621 million yuan. In the first half of this year, the company achieved operating income of 576 million yuan, a year-on-year decrease of 37.47%; the net profit attributable to the shareholders of the listed company was a loss of -69.2894 million yuan. The overall revenue decline is mainly due to the significant contraction of the traditional foundation and construction design and construction business of the company, and the IDC system integration projects that the company is currently implementing have not reached the point of recognizing revenue, therefore, corresponding income and profits could not be generated.

The subscriber of this private placement, China Energy Intelligence Calculation, whose indirectly controlling shareholder is China Energy Construction Group, is a large-scale energy construction group approved by the State Council and directly managed by the State-owned Assets Supervision and Administration Commission of the State Council. The company has entered the Fortune Global 500 list for ten consecutive years. Shanghai cdxj digital technology stated that through this issuance, China Energy Construction Group will complete the integration of high-quality data center assets in the East China region, leverage its own technology in the new energy field, combine with the advantages of the listed company in computing center solutions, and push the listed company to become the main body of China Energy Construction Group's 'national integrated computing power network'.

また、会社の戦略的な方向性は、中心地域における自社建設、自社所有、自社運営の超大規模で高水準かつ最高水準のグリーンで低炭素のデータセンタービジネスに位置づけられます。今回は中国建設国際集団と提携し、同社の数値融合と電力計算の協力優位性をより活かし、上場企業の計算能力ビジネスを「完全な再生可能エネルギー」および「ゼロカーボン」に変革させることを推進します。