Digital China Investment to pick up 24% stake in Vtron Group for $211m

Digital China Investment to pick up 24% stake in Vtron Group for $211m

Commercial buildings including the China Central Television (CCTV) Headquarters, center, stand in the central business district of Beijing. Photographer: Tomohiro Ohsumi/Bloomberg

Digital China Investment, an affiliate of Chinese government policy-making think tank State Information Centre (SIC), plans to invest 1.456 billion yuan ($211 million) in Shenzhen-listed Vtron Group, which specialises in kindergarten operation and the R&D of digital video wall products.