GD-HKGBA HLDGS(01396) subsidiary Hongce Data introduced Futian Capital's strategic investment and subscribed for 40% equity, injecting strong momentum into high-quality development of AI business.

GD-HKGBA HLDGS (01396) announced that on January 30, 2026, Tian Dun Data (an indirect wholly-owned subsidiary of the company), Hongce Data (the target company), and Hong Yi Zhi Suan (the investor, a investment holding entity wholly owned by Futian Capital directly and indirectly) entered into an investment agreement regarding the subscription of shares by the investor. According to the investment agreement, the investor conditionally agrees to subscribe for 40% of the target company's newly issued shares for a price of RMB 800 million. After the completion of the subscription, the Group will continue to hold 60% of the target company's shares. The target company will become a non-wholly owned subsidiary of the Group, and its financial performance will still be consolidated into the Group's financial statements. The target company is mainly engaged in internet data services, big data services, and cloud computing equipment technology services. The target company shares referred to in the investment agreement are the 40% newly issued shares of the target company. As of the date of this announcement and prior to completion, the target company was an indirect wholly-owned subsidiary of the company. The company has completed the acquisition of all the issued share capital of Wisdom Knight Holdings Limited. Following the completion of the acquisition, the Group will actively participate in the AI industry and related fields. In the future, the Group will develop a dual business development strategy of "infrastructure and AI business". The strategic investment by Futian Capital is a crucial step for the Group to deeply integrate into the national AI development strategy, providing strong support for the Group's continued leading development in the field of AI computing infrastructure and injecting strong momentum for the high-quality development of the AI business. The advantages of Futian Capital in policy resources, key industry connections, and low-cost financing will strongly support the Group in accelerating the layout of the intelligence business, enhancing the capability of diverse and heterogeneous computing services, and improving project implementation efficiency. Moreover, it will help deepen cooperation with key sectors such as government affairs, finance, and energy, accelerate the intelligent upgrading of various industries, further enhance corporate governance standards and brand credibility, and achieve synergistic win-win development between national strategy and corporate development.