Editor's Note: This article comes fromCaijingOnchain Finance (ID: CaijingOnchain), Author: LornaQ, reproduced by Odaily with authorization.

Editor's Note: This article comes from

CaijingOnchain Finance (ID: CaijingOnchain)

CaijingOnchain Finance (ID: CaijingOnchain)

, Author: LornaQ, reproduced by Odaily with authorization.

Recently, Beijing Beixinyuan Software Co., Ltd. (hereinafter referred to as Beixinyuan (300352)) received the "Annual Report Inquiry Letter" from the Shenzhen Stock Exchange.

The inquiry letter shows that Beixinyuan holds 80% shares of Jiaxing Beiyuan Investment Partnership (hereinafter referred to as "Jiaxing Beiyuan") and has not included it in the scope of consolidated statements. The beginning book balance of this long-term equity investment is 45.2057 million yuan. An additional investment of 31.2 million yuan was made on December 31, 2019.

Beixinyuan mentioned in its reply that at the end of 2016, the company plans to use its own funds to invest RMB 80 million (80% of the shares) to participate in the establishment of Jiaxing Beiyuan, aiming to gradually improve the strategic layout.

As of December 31, 2019, Jiaxing Beiyuan held a total of 5 companies. Among them, Beijing Trust Technology Co., Ltd. (hereinafter referred to as "Trust") is a mobile identity authentication and digital asset security service provider. Jiaxing Beiyuan invested 15 million yuan in Trust Technology, holding 16.67% of the shares.

According to the main financial data of the trust degree in the past three years, the operating income of the trust degree in 2019 was 8.047 million yuan, a year-on-year increase of 0.3%, and the net loss expanded by 71% year-on-year. Since 2017, there has been no sign of profit.

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The main financial data of the trust degree in the past three years