FilingReader Intelligence
Montnets Cloud Technology acquires Hangzhou Bicheng for 1.28bn yuan
August 13, 2025 at 12:42 PM UTC•By FilingReader AI
Montnets Cloud Technology Group plans to acquire 100% of Hangzhou Bicheng Digital Technology for 1.28 billion yuan, comprising 448 million yuan in cash and 832 million yuan in stock.
The acquisition also involves raising supporting funds of up to 83 million yuan.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Supplementary Source Documents
Announcement on the explanation of revisions to the draft report on the issuance of shares and payment of cash to acquire assets and raise supporting funds, constituting a connected transaction (revised version)August 13, 2025 at 08:00 AM UTC
Independent financial advisor report (revised draft) of Founder Securities Underwriting and Sponsorship Co., Ltd. on DreamNet Cloud Technology Group Co., Ltd.'s issuance of shares and payment of cash to acquire assets and raise supporting funds, and connected transactionsAugust 13, 2025 at 08:00 AM UTC
Summary (revised draft) of the report on the issuance of shares and payment of cash for asset acquisition and concurrent fundraising of supporting funds, constituting a connected transactionAugust 13, 2025 at 08:00 AM UTC
The financial statements and audit reports for the proposed assets involved in this significant asset restructuring for the most recent two years and one period.August 13, 2025 at 08:00 AM UTC
Explanatory statement of the board of directors regarding the dilutive impact of the current transaction on immediate returns, and the compensatory measures and commitments (revised draft)August 13, 2025 at 08:00 AM UTC
Announcement regarding the cancellation of certain proposals, addition of ad hoc proposals, and supplementary notice for the second extraordinary general meeting of shareholders in 2025August 13, 2025 at 08:00 AM UTC
Founder Securities Underwriting & Sponsorship Co., Ltd.'s verification opinion on the self-inspection report regarding the trading of shares by relevant parties involved in Dream Net Cloud Technology Group Co., Ltd.'s issuance of shares and payment of cash for asset acquisition and concurrent fundraising of supporting funds, which constitutes a connected transactionAugust 13, 2025 at 08:00 AM UTC
Verification opinion (revised draft) of Founder Securities Underwriting and Sponsorship Co., Ltd. regarding the dilution of immediate returns and the measures to compensate for returns in this transactionAugust 13, 2025 at 08:00 AM UTC
Self-inspection report on share trading by relevant parties concerning the issuance of shares and payment of cash for asset acquisition, and the raising of supporting funds, constituting a connected transactionAugust 13, 2025 at 08:00 AM UTC
SZSE:002123•Shenzhen Stock Exchange
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