Changshan North Ming (000158): Its North Ming Software Intends To Set Up A Comprehensive Intelligent Company With The Second Largest Shareholder Of The Company.

Changshan North Ming (000158.SZ) announced that the seven session of the ten meeting of the board of directors approved the adoption of the motion on the establishment of Sun company and related party transactions.

The company's wholly owned subsidiary, North Ming Software Co., Ltd. (North Ming software) intends to sign a joint venture contract with the second largest shareholder of the company, Beijing North Ming Wai Ye Holdings Limited ("North Ming Wai Yip"), Shi Min, Chen Zhang and Ji Hongqiang, and jointly invest 20 million yuan to set up the comprehensive intelligence (Xiamen) Technology Co., Ltd. (the name is approved by the industry and commerce, "comprehensive intelligence" or "target company").

North Ming software invested 10 million 200 thousand yuan, accounting for 51% stake in the underlying company; North Ming Albert invested 4 million 400 thousand yuan, accounting for 22% stake in the underlying company; Shi Min invested 2 million yuan, accounting for 10% of the underlying company's equity; Ji Hong strong contributed 1 million 700 thousand yuan, accounting for 8.5% of the company's shares; Chen Zhang contributed 1 million 700 thousand yuan, accounting for 8.5% of the company's shares.

North Ming software is used for the investment of the "procuratorate intelligent handling system V1.0", "desktop application process robot software V1.0", "web page processing robot software V1.0" four software copyright has already had the securities qualification of Zhongjing Min Xin (Beijing) Asset Appraisal Co., Ltd. ("Zhongjing Min Xin") has been evaluated, and has issued the "evaluation report" (Beijing letter Commentary (2019) 138th), the four software copyright evaluation value is 5 million 600 thousand yuan.

Entering the RPA market at present is not only a good opportunity, but also an urgent opportunity. At the same time, combined with the accumulation of resources such as traditional business, technology and intellectual property rights of North Ming software, the comprehensive Intelligent Company has become the only platform for the company to engage in the business. It can enable the company's RPA business to develop rapidly, and through the establishment of the ecosystem, the comprehensive Intelligent Company can become an important business partner of the customers.

General intelligence (Xiamen) Technology Co., Ltd. will provide customers with a high level of "intelligent +" service, build a professional and systematic solution, take the initiative to cooperate, innovate jointly, and cooperate with customers and partners to serve Chinese market customers, jointly promote the development of China's artificial intelligence industry, and build a famous RPA Brand Company in China.