Yuxin Technology: The company will jointly build products including blockchain and trusted computing with Baidu

Yuxin Technology (300674.SZ) issued an announcement saying that shareholders of Yuanchuang Gene holding more than 5% of shares and specific shareholders of Light Control Gene intend to transfer 5.71% of the company's shares to Baidu, and the company signed a Business Cooperation Agreement with Baidu Netcom. The company and Baidu will jointly build products including financial industry cloud, Internet financial core overall products and solutions, database, big data intelligent analysis platform, blockchain and trusted computing. The company will assist Baidu Smart Cloud in promoting industry-level solutions for blockchain + finance, including but not limited to supply chain finance, point chain, trusted computing, and compliance tokens.