$Intel Corporation (04335.HK)$ On December 22, Intel Asia Pa...

On December 22, Intel Asia Pacific Research and Development Co., Ltd. signed a subscription agreement with Jingxin Network, a subsidiary of Jingxin Communications Co., LTD., in which Jingxin Network agreed to issue and issue, and Intel Asia Pacific also agreed to subscribe 16.5864 million shares of Jingxin Network, equivalent to about 4.5% after the expansion of the shareholding of Jingxin Network. Based on the 94.241 million yuan price and Jingxin's 4.5 percent post-investment stake, Intel Asia Pacific's post-investment valuation of Jingxin network is about 2.1 billion yuan. Tianyan information shows that Intel Asia Pacific plans to become a shareholder of The Jingxin network, namely the former Jingxin Communication System (China) Co., LTD., in December 8 this year officially renamed. In August, It was included in indices such as the Hang Seng Composite Small Cap Index and the Hong Kong stock Connect under the Shenzhen-Hong Kong Stock Connect. It is reported that the network business of Jingxin network and Intel has a better cooperative relationship.