Yonyou Software: plans to establish a wholly-owned subsidiary Yonyou Intelligent with a registered capital of 300 million yuan.

Donghua Software announced that the company plans to invest 300 million yuan from its own funds to establish a wholly-owned subsidiary, Donghua Smart Technology Co., Ltd. The company will focus on the research and development conversion of AI and big data emerging businesses, acting as a global technology and delivery center to help the company achieve strategic transformation, enhance the response speed and service capabilities in the national intelligent technology market, and further improve the strategic layout in the field of artificial intelligence. The source of the investment funds is the company's own funds, and it will not have a significant impact on the company's financial and operating conditions.