Gelonghui on May 5 丨 Shengbang Security (688651.SH) issued an announcement. Based on the company's strategic layout and business development needs in satellite internet security, after comprehensive consideration, the company decided to use no more than RMB 30 million of its own capital to hold no less than 60% of the shares of Beijing Tianyu Yunan Technology Co., Ltd. (hereinafter referred to as “Tianyu Yunan” or the “target company”), and signed a “Letter of Intent for Investment” with Tianyu Yunan.
According to the disclosure, the target company has accumulated a number of core technologies in the field of satellite communication security, and has formed a complete set of satellite communication security solutions, including satellite communication central station encryptors, satellite communication secret management systems, satellite communication configuration management systems, etc.; at the same time, the target company also formed cryptographic chip-related products around the cryptographic industry, including high-speed link cryptography machines, high-density cryptographic resource pools, cryptographic acceleration transmission systems, cryptographic teaching platforms, and commercial cryptographic series products.