Index > News > Company News

Company News

SDL 32 million shares into Beijing Thinking Technology Limited

25 April 2014

 On April 21, 2014, Beijing SDL Technology Co., Ltd and Beijing Thinking Technology Limited and its shareholders signed the “capital increase agreement”. SDL intends to own funds of 32 million yuan subscribed to Beijing Thinking Technology Limited. The new registered capital of 3 million yuan (Thinking Technology registered capital of 12 million and the registered capital of 15 million after the capital increase). After the completion of this investment, SDL will have 20% of the shares.

 

 The Beijing Thinking Technology company was committed to Chinese environmental information in the field as early as 1998, and was the leader in high-end applications in the smart environment segment. Since the company was founded, it has provided long-term environmental information integrated solutions to government departments and large enterprises. The company's core team comes from Tsinghua University, and has long been in cooperation with scientific institutes such as the Tsinghua University, the Ministry of Environmental Protection, and the Chinese Environmental Science Research Institute. The company has strong R&D and industry experience. The business has gradually covered the Ministry of Environmental Protection, and 32 provincial and municipal districts, and the City Environmental Protection Bureau. The company has accumulated rich products and projects, especially in emissions trading, having achieved the leading market position in the field. Its supervisory monitoring of pollution sources software has covered more than 3000 environmental monitoring stations.

   The SDL shares of 32 million will form a strategic partnership with the company in the field of intelligence and environmental protection. It helps both sides to complement each other and share resources. SDL will give the advantages of rich market resources and monitoring equipment, and Thinking Technology will bring advantages of software products and innovative, and jointly we will promote common development. SDL shares the ideas of Thinking Technology which can be complementary with the company's existing business to provide new motivation to the development of the company and meeting the needs of the market, in line with the company's long-term strategic planning, helping to further enhance the core competitiveness of the company.