Kyland Technology's subsidiary, Guangya Hongdao, receives a strategic investment of 280 million yuan from Kunlun Beigong.

Kyland Technology (300353.SZ) announced that in order to achieve 100% ownership of Kedong Software by Guangdong Hongdao, Beijing GIZ Information Consulting Center (Limited Partnership) ("Beijing GIZ") as the employee shareholding platform of Kedong (Guangzhou) Software Technology Co., Ltd. ("Kedong Software"), intends to use its 25% ownership of Kedong Software to increase the capital of its wholly-owned subsidiary Guangdong Hongdao, with 42.0250 million yuan included in the registered capital and 119.04750 million yuan included in the capital surplus. After this capital increase, Guangdong Hongdao's registered capital will change from 350 million yuan to 392.0250 million yuan, with Beijing GIZ holding 10.7417% equity and Kyland Technology holding 89.2583% equity in Guangdong Hongdao. After the capital increase, Guangdong Hongdao is valued at 1.5 billion yuan. In order to further optimize its capital structure and realize its long-term strategic plan, Guangdong Hongdao plans to continue to increase its capital and introduce strategic investors with state-owned backgrounds. In this transaction, Kunlun North Industry (Beijing) Green Entrepreneurship Investment Fund (Limited Partnership) ("Kunlun North Industry") intends to invest 280 million yuan. After the capital increase, Guangdong Hongdao's registered capital will change to 4.6531.6030 million yuan, with Kunlun North Industry holding 15.7303% equity, Kyland Technology holding 75.2177% equity, and Beijing GIZ holding 9.0520% equity in Guangdong Hongdao. After this transaction is completed, Guangdong Hongdao will hold 100% equity of Beijing Keyinjingcheng Technology Co., Ltd. ("Keyinjingcheng") and 100% equity of Kedong Software. At the same time, the introduction of strategic investor Kunlun North Industry will strengthen Guangdong Hongdao's integration capabilities in the fields of oil and petrochemicals, domestic integrated circuits, intelligent equipment, and expand its market competitiveness in the industrial operating system business.