Fujian Start Group (600734.SH) plans to acquire 95% equity of Shuchan Mingshang for 185 million yuan.

Fujian Start Group (600734.SH) announced that the company plans to purchase 95% equity of Fujian Shu Chanming Business Technology Co., Ltd. (referred to as Shu Chanming) for an estimated transaction price of 185 million yuan. This transaction is a measure for Big Data Group to fulfill its asset injection commitment, and it is deemed necessary. At the same time, it is expected that the target company can effectively enhance the company's main business revenue and profit scale, which is beneficial for the company to focus on its core business and improve market competitiveness.