TC

24/01/2020 14:19

7Road (00797) unit to invest in IT company

[ET Net News Agency, 24 January 2020] 7Road Holdings Limited (00797) said its
subsidiary Wuxi 7Road has entered into a framework agreement in relation to an investment
in an information technology company.
Pursuant to the agreement, Wuxi 7Road, as the potential investor, shall invest in the
target company and, meanwhile exerting its own advantage in the industry, perform
businesses coordination and integrate industry resources, by further facilitating the game
business development of the company through the construction and operation of game cloud,
clouding storage, big data and etc. of the target company, in order to be well-arranged in
the cloud gaming business and game cloud business.
The potential cooperative parties are willing to, according to respective industry
policies and schemes, promote the clustering of relevant industries in the area where the
project undergo and support the development of the project. Currently, the target company
is planning to establish and operate research and development facilities and businesses
for game cloud, big data, artificial intelligence, cloud computing and storage services in
the Yangtze River Delta regions. (RC)

etnet財經‧生活App   財智‧健康‧品味生活     【立即下載】  iOS版 / Android版
人氣文章
財經新聞
評論
專題
產品簡介

【etnet新春賞你】皇室堡 x Pete and Gulu「乾淨『企』理衣物籃」乙個

【etnet社創SolN】有種‧成長之和「孩」共處同樂日 – 立即報名

【etnet新春賞你】LEE GARDENS利園區「迎春接福利是封」一套