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Digital China Sells 1.31% Stake in Subsidiary, Retains Control of DCITS

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Digital China Sells 1.31% Stake in Subsidiary, Retains Control of DCITS

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Digital China Holdings ( (HK:0861) ) has issued an announcement.

Digital China Holdings has completed a planned disposal period in which its indirect wholly owned subsidiary, Digital China Software Co., Ltd., sold a total of 12,764,026 shares in Digital China Information Service Group Company Ltd., equal to about 1.31% of the latter’s share capital. The latest tranche between 10 January and 30 March 2026 involved 868,826 shares sold via centralized bidding and block trades at prices ranging from RMB16.27 to RMB19.32, generating aggregate proceeds of roughly RMB14.91 million.

Despite the disposals, Digital China Software remains the controlling shareholder of Digital China Information Service Group Company Ltd., retaining 376,776,084 shares, or approximately 38.61% of its share capital. As a result, Digital China Information Service Group continues to be treated as a subsidiary of Digital China Holdings, indicating that the share sales were a partial monetization rather than a strategic exit and are unlikely to alter the group’s operational control or consolidation of the business.

The most recent analyst rating on (HK:0861) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Digital China Holdings stock, see the HK:0861 Stock Forecast page.

More about Digital China Holdings

Digital China Holdings is a Hong Kong-listed technology group operating through subsidiaries such as Digital China Software Co., Ltd. and Digital China Information Service Group Company Ltd., with a focus on software and information services across the China market. The group maintains a controlling stake in key operating units to consolidate its position in the domestic digital and IT services sector.

YTD Price Performance: -20.0%

Average Trading Volume: 7,205,791

Technical Sentiment Signal: Sell

Current Market Cap: HK$3.21B

Learn more about 0861 stock on TipRanks’ Stock Analysis page.

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