Surging News Reporter Zhang Ning
360 The company continues to increase investment in cyber security research and development.
On December 5th, Three Sixty (601360) issued an announcement stating that the company intends to privately issue no more than 1.35 billion shares, raising 10.79 billion yuan in funds for security R&D and infrastructure, commercial products and services. There are 9 items in total.
Among them, security R&D and infrastructure are the main investment directions. Of the funds raised, 4.67 billion yuan was used for the construction of 360 big data center, 1.16 billion yuan was used for 360 new generation artificial intelligence innovation research and development center, and 510 million yuan was used for 360 cyberspace research and development center project.
Among the commercialized products and services, there are 360 smart search and commercialization projects, which are planned to invest 1.17 billion yuan in raised funds; 360 interactive entertainment platform projects, which are planned to be invested in raised funds of 5.9 100 million yuan; 360 traffic anti-fraud platform project, which plans to invest 880 million yuan of raised funds; 360 smart kids ecosystem project, plans to invest 820 million yuan of raised funds; 360 smart IoT project, plans to invest 450 million yuan of raised funds; 360 new smart city The project plans to invest 550 million yuan of raised funds.
Regarding this private placement, 360 company stated in the announcement that through the non-public offering of funds, 360 will further increase its investment in independent research and development of core cyber security technologies, and vigorously develop artificial intelligence, Data and cyberspace security technology research and development level, enhance the company's technical and innovative capabilities in the direction of information infrastructure network security protection, network security information coordination mechanism, means, platform construction, network security incident emergency command capacity construction, and network security industry. With the increasingly severe global cyber warfare, it is an inevitable practice for companies to increase investment in cyber security under the guidance of national strategy.
360 The company plans to build the 360 cyberspace security R&D center project, the 360 new generation artificial intelligence innovation R&D center project, the 360 big data center construction project and other security technology research and development and infrastructure projects through the funds raised by this non-public offering , Will further expand the company’s resource reserves and technical advantages in network security, artificial intelligence, and big data, promote the full development of a full-time and all-round active security defense system, and help the company maintain and further enhance core security technologies in the “big security” era The competitiveness of the company has consolidated the company’s leading position as an Internet security company.
Regarding the capital investment of 360 smart search and other commercial products, 360 company stated that the smooth implementation of commercial products and service projects will help improve the company’s commercial business level and increase value in Internet advertising and services. Further efforts were made in the areas of service and smart hardware business, expanding the business layout, improving the core technology level and user experience, consolidating the company's market position, enhancing the company's competitiveness, and enhancing the company's long-term profitability.
"In order to realize the company's'big security' strategic ecological construction, in the non-public offering of fund-raising construction projects, security technology research and development and infrastructure projects provide technical and underlying support for other projects; Commercialized products and services are conducive to the company's increase in profitability, expansion of industrial layout, and commercialization of other types of projects." The announcement said.
According to the announcement, the fixed increase will be carried out by cash subscription, and the issuance targets are securities investment fund management companies, securities companies, trust investment companies, financial companies, insurance institutional investors, and qualified overseas investors that comply with the regulations of the China Securities Regulatory Commission. The total number of institutional investors and other legal persons, natural persons or other institutional investors that comply with laws and regulations shall not exceed 10 specific investors.
According to another announcement, this non-public issuance of A shares was approved at the fourth meeting of the company’s fifth board of directors on May 14, 2018, and the 2018 annual meeting held on May 31, 2018.The Second Extraordinary General Meeting of Shareholders reviewed and approved and still needs to be approved by the China Securities Regulatory Commission. "After the completion of this issuance, Zhou Hongyi will control 53.09% of the company's shares in total and remain the actual controller of the company. This issuance will not lead to changes in the company's control rights."
(original title: 360 proposed to raise 108 100 million: invested in 9 projects including big data centers and children's ecosystems)
(responsible editor: Wang Fengzhi_NT2541)
