YiSou Technology (02550) invests 5 million US dollars to subscribe for shares of Lightnet, entering the Southeast Asian AI payment network.

Financial news from Wisdom Financial APP, Yisou Technology (02550) announced that on August 6, 2025 (after trading hours), the company, Lightnet Pte. Ltd. and the founders of Lightnet entered into a share subscription agreement. According to the agreement, the company agreed to subscribe for a certain number of Lightnet shares, and Lightnet agreed to issue and allocate these shares to the company. After the subscription, the company will hold approximately 1.23% of Lightnet's shares, with a total price of $5 million. The payment is expected to be made using the company's operating funds and funds obtained from the sale of existing shares of the company and the subscription of new shares by the company, Growth Value LTD, Mr. Wang Xi, and the underwriters listed therein. The subscription is subject to certain conditions, including the completion of legal, financial, tax, regulatory, operational, and business due diligence on Lightnet and its subsidiaries by the company to the satisfaction of the company.