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On the evening of August 12, four listed companies under Guangzhou Digital Technology Group Co., Ltd. (hereinafter referred to as "Guangzhou Digital Technology Group") disclosed announcements separately, announcing that they will jointly invest in the construction of the Xi'an Industrial Base.

In order to seize the opportunities of rapid development in the western region, integrate industrial and market resources, and meet the needs of the company's future business development, four listed companies, namely, Haige Communication (002465), China Media Capital (002152), China Media Metrology (002967), and Guangzhou Ha Communication (300711), plan to invest in the construction of the "Guangzhou Digital Technology Group Xi'an Industrial Base Project" in Xi'an High-tech Zone with Guangzhou Digital Technology Group Co., Ltd. (hereinafter referred to as "Guangzhou Digital Technology Group") and Guangzhou Radio and Television Emerging Industrial Park Investment Co., Ltd. (hereinafter referred to as "Radio and Television Emerging Industrial Park"). The total investment of the project is expected to be no less than 1.2 billion yuan.

Four listed companies under Guangzhou Digital Technology Group jointly participated

Information on the official website of Guangzhou Digital Technology Group shows that the group has set the strategic goal of "building an ecologically integrated digital technology leader" and has developed into a diversified industrial group with "high-end high-tech manufacturing and high-end modern service industries" as its strategic positioning. It owns five A-share listed companies, namely, GRG Network Communications, Higer Communications, GRG Metrology, GRG Communications, and Zhongke Jiangnan (301153), and has invested in and controlled more than 250 member companies at all levels.

The "Investment Agreement for the Xi'an Industrial Base Project of Guangzhou Digital Technology Group" jointly signed by all parties shows that Party A, the Xi'an High-tech Zone Management Committee, intends to reach an agreement with Party B, Guangzhou Digital Technology Group, and Party C, Guangzhou Radio and Television Emerging Industrial Park, China Media Capital, Haige Communications, China Radio and Television Metrology, and Guangzhou-Harbin Communications. Both parties are willing to invest in the construction of the Xi'an Industrial Base Project of Guangzhou Digital Technology Group in the Xi'an High-tech Zone, which mainly includes R&D bases, production plants and other supporting facilities, and plans to build four major functional sectors, including artificial intelligence and digital economy, military-civilian integration, inspection and certification, and information technology innovation. The total investment is expected to be no less than 1.2 billion yuan, of which the fixed asset investment is expected to be no less than 1.131 billion yuan.

The announcement shows that the proposed land for the project is located in the Silk Road Science City of Xi'an High-tech Zone, with a total area of ​​about 77 acres. Party C promises to complete the construction of the project within 36 months from the agreed start date and meet the completion conditions. Party C promises to reach full production within 24 months after the start of production, and after reaching full production (if the year of full production is less than 6 months, it will be calculated in the next year), the annual operating income will be no less than 950 million yuan and the annual tax revenue will be no less than 61 million yuan.

At the same time, the "Internal Cooperation Agreement of the Xi'an Industrial Base Project of Guangzhou Digital Technology Group" shows that the specific allocation amounts of the total investment of 1.225 billion yuan of the "Guangzhou Digital Technology Group Xi'an Industrial Base" project by the Radio and Television Emerging Industrial Park, China Media Capital, Higer Communications, China Media Measurement, and Guangzhou Harbin Communications are as follows:

The total investment in the Radio and Television Emerging Industry Park is 575 million yuan, and the investment in fixed assets is 521 million yuan; the total investment in China Broadcasting and Television Network Technology Co., Ltd. is 160 million yuan, and the investment in fixed assets is 150 million yuan; the total investment in Haige Communication is 120 million yuan, and the investment in fixed assets is 113 million yuan; the total investment in China Broadcasting and Television Measurement is 338 million yuan, and the investment in fixed assets is 318 million yuan; the total investment in China Broadcasting and Television Network Technology Co., Ltd. is 31.52 million yuan, and the investment in fixed assets is 31.52 million yuan.

Will promote the business layout of listed companies in Xi'an

"The project construction will strengthen the company's business layout in the northwest region and consolidate its advantageous market position." Haige Communication said that Xi'an has a diversified industrial layout and a good economic foundation. It is a national central city and a central city in the northwest region. The project will be built into the company's regional industrial base in the northwest, creating three functional sectors including antennas, forward-looking technology research and development, and aircraft research and development and manufacturing, further consolidating the company's market leading position. At the same time, "the company will build a Xi'an research institute, strengthen cooperation with local scientific research institutes, focus on the construction of 6G, low-orbit satellite Internet and other fields, and seize the industry's first opportunity."

Guangha Communication said that the company participated in the implementation of the project based on the company's daily production and operation and business development needs. The implementation of the project is conducive to strengthening the company's business layout in the northwest region and consolidating its advantageous market position. At the same time, relying on Xi'an's high-quality universities and research resources, it promotes industry-university-research cooperation, attracts high-quality talents and projects, and enhances the company's core competitiveness in the field of intelligent scheduling.

China Radio and Television Metrology said that the company's participation in the implementation of the project is in line with the needs of high-quality development in the Northwest region, and can provide more comprehensive, thoughtful and precise services to key industries such as special equipment, aerospace, new energy, artificial intelligence, and low-altitude economy in Shaanxi Province. It is beneficial to the stability of Xi'an China Radio and Television Metrology's business premises, ensure the implementation of long-term business strategies, effectively expand the service radius, enhance customer recognition of the company, and enhance the company's regional competitiveness.

Xi'an Radio and Television Metrology will leverage its own technology and platform operation advantages to build itself into one of the third-party metrology and testing institutions with the strongest comprehensive capabilities in the Northwest region, build itself into a metrology and testing base for special equipment and industrial products in the Northwest region of radio and television metrology, and build itself into an important technical support base for regional vehicle and large component system inspection and testing units. It will provide technical support for regional industrial upgrading, promote the transformation of resource advantages into development advantages, and create an integrated metrology and testing technology service platform with high standards that integrates "technology + service + market".

GRG UnionPay said that Xi'an is an important economic region in the northwest region. In 2020, Xi'an High-tech Zone was approved to build the core area of ​​the new generation of artificial intelligence innovation and development pilot zone and the country's first hard technology innovation demonstration zone. In 2023, it was approved to build the core bearing area of ​​the "dual centers". GRG UnionPay has many industrial layouts and project implementations in Xi'an. At the same time, it has established a good school-enterprise cooperation with Xidian University and has carried out in-depth cooperation in project research and development and technology optimization. In the future, the company will keep up with the national digital economy development strategy, accelerate the construction of the urban intelligent industry matrix, fully develop the digital economy, based on the Xi'an industrial base, strengthen the integration of the company's business in the upstream and downstream of the industrial chain in the northwest region, and rely on "digital finance" to promote the deep integration of financial technology, urban intelligent business and digital economy, and build a new momentum for the company's medium- and long-term development.

Editor: Peng Bo

Proofread by: Tao Qian

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