Jiangsu Broadcasting Cable Information Network to Invest 30 Million Yuan in Tech JV

MT Newswires Live

02/10

Jiangsu Broadcasting Cable Information Network (SHA: 600959) plans to invest 30 million yuan for a 20% stake in a technology joint venture.

The joint venture, with a registered capital of 150 million yuan, aims to build a localized information and communication technology and artificial intelligence computing brand in Jiangsu, according to a Monday filing with the Shanghai bourse.

Controlling shareholder Jiangsu Culture & Technology will hold a 34% stake in the joint venture.

Shares of the information dissemination services provider rose 5% in recent trade.

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Technology will hold a 34% stake in the joint venture.</p><p>Shares of the information dissemination services provider rose 5% in recent trade.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK0028","symbol_name":"國家隊","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2610139366","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2610139366","pubTimestamp":1770704671,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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