Recently, Beijing Tian Yuan (Guangzhou) Law Firm, as the legal counsel of the acquirer, assisted GRGBanking (stock code: 002152) in acquiring 10% equity of Guangdian Wuzhou Technology Co., Ltd. (hereinafter referred to as "Guangdian Wuzhou ", stock code: 831619), a company listed on the Innovation Layer of the New Third Board. Through the voting rights delegation, it acquired 45.36% of the voting rights of China Media Wuzhou, thereby achieving a relative controlling stake in China Media Wuzhou.

GRGBanking is a state-owned high-tech listed company affiliated to Guangzhou Digital Technology Group Co., Ltd. The company is a leading artificial intelligence industry application enterprise, with main businesses covering smart finance, public security, smart transportation, digital government, big culture and tourism, new retail and smart education, and is committed to providing competitive smart terminals, operation services and big data solutions to global customers.

Guangdian Wuzhou is a professional intelligent computing product and solution provider. Its core business is server localization, differentiation, and hardware and software integration. It is a leading brand in the customization field of the domestic server industry, and is also Huawei's Kunpeng system partner and Ascend AI strategic partner.

This acquisition is an important attempt by GRGBanking to strengthen its strategic layout in the computing power sector. It will help GRGBanking to improve the industrial chain layout of artificial intelligence elements, enhance its competitiveness in the server market, and strengthen its influence in the information and innovation industry chain.

Tian Yuan Partners Lan Zhiwei and Zhan Xiaoning served as project leaders and lead lawyers respectively to provide full legal services for this equity acquisition. The project team members included Wang Yuxuan. In accordance with relevant laws and regulations and relevant regulations of the China Securities Regulatory Commission, Shenzhen Stock Exchange, National Small and Medium Enterprise Stock System and state-owned assets supervision, the project team conducted due diligence on this project and drafted relevant transaction agreements, issued professional legal opinions, and assisted GD UnionPay in completing this acquisition with financial advisor CITIC Securities Co., Ltd.