Sinodaan Co., Ltd. (300635.SZ) announced on August 8 that, in order to improve the development of the company's information technology services and enhance its market competitiveness, the company intends to use its own funds to acquire 100% equity of Shandong Liuhou for no more than 5.5 million yuan. The final transaction amount for this equity acquisition needs to be further demonstrated and negotiated based on audit or evaluation results. After the completion of this acquisition, Shandong Liuhou will become a wholly-owned subsidiary of the company and will be included in the company's consolidated financial statements.
Shandong Liuhou has been engaged in third-party services for government investment in information technology projects, and is an enterprise mainly engaged in software and information technology services. Currently, it has the qualifications of Information System Engineering Supervision Services Standard (Grade B), Building Intelligent System Design Specialization (Grade B), Confidential Information System Integration Qualification Certificate (System Consulting, Engineering Supervision Grade B).