China Software & Service exits logistics tech stake for 86m yuan

China National Software & Service (China Software) and its controlling shareholder, China Electronics, are reducing capital in China Logistics Group Digital Technology Co., Ltd. (Logistics Digital Technology). China Software will exit its 36% stake in Logistics Digital Technology for 86,041,152.15 yuan. China Electronics will also exit its 4% stake, receiving 19,120,256.03 yuan. The total capital reduction for both parties amounts to 105,161,408.18 yuan.

The transaction is based on a valuation of Logistics Digital Technology's total shareholder equity, assessed at 248,563,328.42 yuan as of March 31, 2025. China Software expects the move to enhance asset liquidity and support its strategic transformation by focusing on its primary software and core application solutions.

The transaction was approved by China Software's Board of Directors on November 18, 2025, and is subject to shareholder approval. The company confirms that the transaction price is fair and reasonable, with no adverse impact on the interests of the company or its shareholders.