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Chinese Universe Publishing and Media Group Disposes 6% Stake in Xinhua Zhiyun for 150 Million Yuan
Chinese Universe Publishing And Media Group (600373.SH): plans to transfer 6% of the shares of Xinhua Zhiyun entirely to Xinhuanet Co., Ltd.
On December 20, Glonghui announced that Chinese Universe Publishing And Media Group (600373.SH) convened the 36th special meeting of its sixth Board of Directors on December 20, 2024, to further optimize asset structure and resource allocation. The meeting approved the proposal regarding the agreement to transfer 6% of the shares of the equity-held subsidiary Xinhuazhi Cloud Technology Co., Ltd. The company will transfer all of its 6% shareholding in Xinhuazhi Cloud to Xinhuanet Co., Ltd. at a share transfer price of 0.15 billion RMB, and authorized the company's management to fully handle the signing of relevant agreements and matters relating to the share transfer for this transaction.
Xinhuanet Co., Ltd. (603888.SH): Will strengthen innovative supply in "corpora" and "computational power", further promoting the popularization and application of intelligent computing services.
On December 17, Gelonghui reported that Xinhuanet Co., Ltd. (603888.SH) stated on the interactive platform that on August 23, it launched the "Xinhuanet AIGC Application Enablement Platform" during the 2024 Sun Island Entrepreneur Conference. This platform is an industrial infrastructure platform developed by Xinhuanet Co., Ltd. in the AI field, providing one-stop exclusive large model training and application development services. With a "cloud-edge-end collaboration" architecture, it allows clients to obtain reliable, flexible, secure, and low-cost integrated intelligent computing services. The platform features elastic and reliable green computing power, professional and authoritative industry corpus, secure and controllable model applications, and training targeted at specific scenarios.
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