Yuanwang Valley: 23 million consecutive investment in two RFID projects

Yuanwang Valley (002161) announced last night that the company plans to continuously invest in two RFID projects.

The announcement said that at the board meeting held on December 9, the company passed the Beijing Yuanwang Valley Electronic Technology Co., Ltd. ("Beijing Yuanwang Valley") and Lanzhou Yuanwang Information Technology Co., Ltd. (referred to as "Lanzhou Yuanwang" The capital increase.

It is reported that Beijing Yuanwang Valley is a joint venture between the company's wholly-owned subsidiary RF Intelligence and natural person Tang Wu. Among them, the radio frequency intelligent investment of 600,000 yuan accounted for 60%, Tang Wu invested 400,000 yuan accounted for 40%. Mainly engaged in the technical development and market development of automatic identification products in the tobacco industry. The company plans to acquire a 40% stake in Tang Wu for 60,000 yuan and a capital increase of 19 million yuan for Beijing Yuanwang Valley. It will also introduce a new management team to cope with the new situation of the application of the Internet of Things in the tobacco industry and accelerate the company's The development of the tobacco industry.

In addition, the company will increase capital of 4 million yuan to Lanzhou Yuanwang, a wholly-owned subsidiary. According to the data, Lanzhou Yuanwang's main business is the technical development and market development of railway automatic identification products.

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