Rendong Holdings: Subsidiary shares in Beijing Zhongdian, layout of blockchain technology and applications

Rendong Holdings (002647.SZ) announced on the evening of March 4th that Rendong Technology, a wholly-owned subsidiary of the company, plans to invest 10 million yuan to make a strategic investment in Beijing Zhongshou by increasing capital. At the same time, the related party Rendong blockchain intends to invest 13 million yuan to invest in Beijing Zhongdian through capital increase and stock transfer, of which 10 million yuan is used to increase capital for Beijing Zhongdian and 3 million yuan is used to transfer Beijing Sign part of the shares transferred by the existing shareholder Ningbo Shanshi. After the completion of the transaction, Rendong Technology will hold 5.56% of Beijing Zhongdian. Beijing Zhongdian is a new financial infrastructure technology service provider with blockchain as its core technology. The subsidiary's participation in Beijing Zhongdian is an important strategic layout made by the company in exploring blockchain technology and applications.