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China Zhongji Investment completed a Pre-IPO round of investment in Guanqun Information.


Recently, China Zhongji Investment completed a Pre-IPO round of investment in Beijing Crown Group Information Technology Co., Ltd. (hereinafter referred to as "Crown Group Information"). Crown Group Information will soon launch its listing work on the Science and Technology Innovation Board. Crown Group Information will soon launch its listing work on the Science and Technology Innovation Board.

 

Established in 2001, Crown Group Information is a professional IT comprehensive application service provider, leading the export market of independent application software products and services, and guiding the development direction of Chinese technology companies in some key government sectors (taxation, customs, internal affairs, justice, etc.), with business covering more than 70 countries and regions.

 

Currently, Crown Group Information has three major business segments, all of which have occupied a certain market leading position:

 

1. Tax overall solutions and products

 

The company is currently a leading domestic provider of international government tax collection and management business platforms. With its independently owned intellectual property products and solutions, it has broken the monopoly of European and American countries in key areas such as e-government management software, core financial and tax software, judicial software, and information security.

 

Since entering the international market in 2005, the company has successfully implemented a number of important government informatization projects in various countries (including the Namibia National Tax Collection and Control System, the Sudan National Tax Collection and Control System, and the Zambia Customs System project, etc.), and is currently carrying out project cooperation in various countries in the field of government and public service informatization.

 

2. Document processing software based on OFD core technology

 

OFD is China's national standard for layout documents, and can gradually replace PDF. The company's subsidiary, Suko Net Wei, is one of the drafting and main compiling units of this layout standard, and is also a founding unit and executive committee member of the layout alliance. It has also developed the industry's first layout archive processing product based on the OFD national standard.

 

The company's products have been fully used by national and provincial leading government departments and some ministries and commissions, covering 32 provinces, autonomous regions, and municipalities (excluding Hong Kong and Taiwan) and more than 40 national ministries and commissions, and are also used in other government agencies and many large and medium-sized enterprises.

 

3. Millimeter-wave chip business based on germanium-silicon technology

 

Crown Group Information's millimeter-wave chip business originated from a major national defense science and technology innovation project. The products and solutions developed are all independently innovative, filling the gap in relevant national technologies and products. It now has the relevant technologies and processes for the entire life cycle of millimeter-wave module product research and development and production.

 

Recently, the company's independent research and development and application of millimeter-wave chips have made substantial progress. It has been the first in the world to develop a 120GHz 5G+ communication transceiver chip, which has been put into mass production.

 

Yang Xiaoying, Managing Director and Partner of China Zhongji Investment, introduced that Crown Group Information has been focusing on independent informatization software products and services for many years, accumulating very rich project operation and delivery experience, and establishing a professional domestic and overseas technical team. With the deepening of the Belt and Road Initiative, the company will usher in rapid development with its first-mover advantage. On the other hand, Crown Group Information continues to break through in technological innovation, achieving more than 100 innovative achievements in the fields of electronic document management, cloud data services, secure email, government office, positioning services, and e-commerce, and has developed a series of industry-leading independent software products. The new millimeter-wave chip business has established a technological advantage in a short period of time. Continuous technological breakthroughs provide sufficient impetus for the company's continued growth. We believe that with the further growth of the company's business scale and the continuous improvement of internal management, the company's value will be further highlighted.

 

Wen Yuanhua, President and Partner of China Zhongji Investment, said that informatization upgrading is a systematic problem that every country and enterprise in this era is actively addressing. Against the backdrop of global digital transformation, the growth of informatization demand will bring a market increment of hundreds of billions of yuan. At the same time, the high-end chip industry is also a direction we have been focusing on. We look forward to joining hands with more excellent enterprises in the industry to seize the opportunities during the period of technological transformation and the phased opportunities of international standard updates, to provide support for the implementation of independent innovation products, and to provide greater impetus for industrial development.