On October 9, Gaohua Technology issued an announcement that in order to further improve the company’s industrial layout, strengthen the integration of the upstream and downstream of the industrial chain, and enhance the core competitiveness, the company intends to increase capital by 45.07 million yuan and purchase a total of 13% of Nanjing Kaiosi Data Technology Co., LTD.

Specifically, the company intends to invest 36.67 million yuan with its own funds to subscribe for the registered capital of Kaios. Among them, the amount as registered capital is 3,333,333 yuan, and the amount included in the capital reserve is 3,336,667 yuan.

At the same time, Gaohua Technology intends to use its own funds of 2.8 million yuan to sign the Equity Transfer Contract with Nanjing Ksi Business Consulting Partnership (limited partnership) to subscribe the registered capital of 400,000 yuan of Kaiosi held by it; It is planned to transfer 600,000 yuan of registered capital of Kaiosi held by Nanjing Chuangyi Bangsheng New Energy Industry Investment Partnership (limited partnership) with its own capital of 5.6 million yuan.

After the completion of this transaction, the company holds a total of 4.3333 million yuan of Kaios registered capital, accounting for 13% of Kaios registered capital, Kaios registered capital will increase from 30 million yuan to 33.3333 million yuan.

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Gaohua Technology’s main business is the research and development, design, production and sales of high-reliability sensors and sensor network systems, mainly providing high-reliability sensor products for major military groups, and its direct competitors are mostly affiliated research institutes or enterprises of the group.

The investment target, Kaiosi, is a research and development technology enterprise focusing on “Industrial Internet of Things +”, with industrial equipment (rotating, reciprocating) online process monitoring and protection, intelligent fault diagnosis and intelligent operation and maintenance as the starting point, combined with edge and cloud mechanism and big data modeling analysis, reasonable arrangement of equipment maintenance, reduce equipment downtime risks and security risks. To provide industrial customers with more intelligent, safe and efficient industrial Internet products and solutions.

The announcement said that Gaohua technology hopes that through industrial cooperation with Kaios, with the help of relevant data governance, feature extraction and model editing tools developed by Kaios, it can quickly improve the software and algorithm capabilities, help the company complete the layout of relevant industrial sensors, and build a large-scale industrial sensor industry platform.

Chen Xin, secretary of the board of directors of Gaohua Technology, said in an interview with a reporter of the “Science and Technology Board Daily” that Gaohua technology invested in Kaiosi, with the consideration of expanding the company’s business field. On the one hand, Kaios has been selected as the key industrial Internet platform in Jiangsu Province, on the other hand, Kaios has strong advantages in industrial software development, core algorithm capabilities, etc. Gaohua Technology aims to create and enhance the company’s hardware and software integration service capabilities, according to the company’s established industrial Internet sensor industry platform plan, improve the industrial Internet status monitoring and platform construction.