FilingReader Intelligence
JiaDu Technology sells CloudWalk stake for 7.1bn yuan
August 18, 2025 at 09:41 AM UTC•By FilingReader AI
JiaDu Technology Group disposed of 4.48 million CloudWalk Technology shares between July and August 2025 for 7.11 billion yuan.
The transaction will increase JiaDu Technology's net profit by 1.43 billion yuan this year, equivalent to 12.43% of its 2024 audited net profit. The company retains remaining CloudWalk shares and says business collaboration between the firms continues unchanged.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
SSE:600728•Shanghai Stock Exchange
News Alerts
Get instant email alerts when PCI-Suntek Technology publishes news
Free account required • Unsubscribe anytime