Investment Summary

Digital China Holdings Invests In SicTech NorthNet

On February 26, 2003, Digital China Holdings invested in information technology company SicTech NorthNet for 33M CNY

Investment Highlights
  • This is Digital China Holdings’ 1st transaction in the Information Technology sector.
  • This is Digital China Holdings’ 0th largest (disclosed) transaction.
  • This is Digital China Holdings’ 3rd transaction in China.

Investment Summary
Date 2003-02-26
Target SicTech NorthNet
Sector Information Technology
Investor(s) Digital China Holdings
Deal Type Stake Purchase
Deal Value 33M CNY

Target

SicTech NorthNet

China
SicTech NorthNet is a high-new technology enterprise.It provides application software development, systems integration and information technology ("IT") consultancy services mainly for China's government bodies.

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Investor(S) 1

Investor

Digital China Holdings

Wan Chai, China
Category Company
Founded 2000
Sector Information Technology
Employees16,782
Revenue 18.3B HKD (2023)
DESCRIPTION

Digital China Holdings is a IT products distributor and IT services provider. Digital China Holdings was founded in 2000 and is based in Wan Chai, China.

DEAL STATS #
Overall 3 of 3
Sector (Information Technology) 1 of 1
Type (Stake Purchase) 2 of 2
Country (China) 3 of 3
Year (2003) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-07-25 DC Networks

China

DC Networks is the Company's networking business arm which engages in the development and sales of networking products of its own brand name as well as other world-known brands in the PRC.

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