Guangting Information (301221.SZ) plans to spend 26.5 million yuan to purchase assets to meet the needs of carrying out intelligent connected vehicle testing business.

Zhitong Finance APP news, Kotei Informatics (301221.SZ) issued an announcement that, in order to implement the company's long-term development strategy of "Artificial Intelligence + Automotive Software" and meet the needs of the company's intelligent connected vehicle testing business development and industrial incubation required for investment activities along the upstream and downstream of the industrial chain, the company has signed an Asset Transfer Agreement with Guangyu Mingsheng and intends to use its own funds of RMB 26.5 million to purchase the target assets from Guangyu Mingsheng, including buildings (structures), some equipment, and land use rights, located at No. 3 Phoenix Park Road, East Lake New Technology Development Zone, Wuhan City.