Montnets Cloud Technology Group (002123.SZ) intends to issue shares to acquire 100% of the shares of Orange Digital. Trading will resume on January 16th.

Montnets Cloud Technology Group (002123.SZ) released a plan for issuing shares, paying cash to purchase assets, raising matching funds, and related transactions. The listed company intends to purchase 100% of the shares of Blue Orange Digital and raise matching funds through the issuance of shares and cash payment, and the transaction price of the target assets has not been finally determined. The target company is dedicated to providing full-chain, omni-channel e-commerce services for global high-quality consumer brands. With years of operational experience, customer resources, and reputation accumulation, the target company has become one of the leading e-commerce comprehensive service providers in the industry, holding certifications as a six-star operation service provider for Tmall and a diamond brand service provider for Douyin. Additionally, the target company has obtained qualifications as a strategic center service provider and data bank service provider, making it one of the few e-commerce comprehensive service providers in the industry to hold all these certifications and qualifications simultaneously. Both the listed company and the target company belong to the information transmission, software, and information technology service industry. The listed company's current main business is cloud communication services, while the target company's main business is e-commerce services. Through this transaction, the listed company will acquire all shares of the target company, effectively expanding the breadth and depth of the listed company's services and optimizing its business structure. Upon the company's application, the company's stock will resume trading starting from January 16, 2025 (Thursday).