Asiainfo-Sec is one of CS Capital portfolio companies in digitalization area

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Asiainfo-Sec went public on SSE STAR Market

On February 9, 2022

On February 9, 2022, Asiainfo Security Technologies (Asiainfo-Sec 688225.SH), a company backed by CS Capital and a Chinese leading cybersecurity solution provider, was listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange (SSE STAR Market). Offered at a price of RMB 30.51 per share, the company's stock closed up 27.53% on its first trading day. This is another successful investment of CSC in ICT sector.

Founded in 2015, Asiainfo-Sec has four major product service systems, and leads the Chinese market in terms of terminal security software and identity &digital trust software sales. The company's customers cover a broad range of industries such as telecommunication, manufacturing, finance, medicare, energy, transportation and government. Over the past six years, the company has successfully performed several national cybersecurity safeguard missions, providing cybersecurity services for major events such as the 100th anniversary of the founding of the CPC, the NPC and CPPCC national sessions in the previous years, APEC meetings, the G20 Summit, the Belt and Road Forum for International Cooperation, the BRICS Summit and the China International Import Expo. The company has become an important technical support for national cybersecurity.

CSC has paid close attention to the transformation and upgrading of manufacturing amid global digitalization, and information security is necessary for the intelligent development of manufacturing. After the listing of Asiainfo-Sec on the STAR Market, CSC will continue to push forward all-round business cooperation between partners in its ecosystem and the company, to speed up its business development in fields such as automobile and intelligent manufacturing, and constantly improve its R&D capacity and product quality, thereby securing the digitalization of various industries.

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