November 15 News, http://www.aliyun.com/zixun/aggregation/3032.html ">ut announced today, the United States cloud video aggregation and distribution platform Aiotv investment." After the completion of the transaction, UT Kangda will be Aiotv 44% of the shares.
It is understood that Aiotv Inc. is a cloud based video aggregation and distribution platform in the United States, after the completion of the transaction, UT will hold the AIOTV 40% of the shares, become the company's largest single major shareholder, and has the company board seat.
In addition, UT Kangda will also receive AIOTV board seat. The core members of the AIOTV management team do not change and will continue to implement the company's established strategy.
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