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Mao Ji Kwai Chung (01716) completed the acquisition of 100% shares in Xiamen Wan Nianfeng Network Technology and 100% shares in Xiamen Zhusha Network Technology
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According to Zhitong Finance App News, Mao Ji Kwai Chung (01716) issued an announcement regarding the acquisition of 100% of the shares of Xiamen Wan Nianfeng Network Technology Co., Ltd. and 100% of the shares of Xiamen Zhusha Network Technology Co., Ltd., as of October 26, 2026, since the seller has completed registration of the sales rights of Wan Nianfeng and the sale rights of Zhusha by various free sellers to the company at the relevant local branch office of the China General Administration of Market Supervision and Administration, as of October 26, 2026, the acquisition of Pan Nianfeng and Zhusha Sales Agreement, respectively.

After the completion of the acquisition of Wan Nianfeng and the acquisition of Zhusha, the company became the legal and beneficial owner of all of the shares of Wan Nianfeng and Zhusha respectively. Since Wan Nianfeng and Zhusha have become wholly-owned subsidiaries of the company, the respective financial results of Wan Nianfeng and Zhusha will be incorporated into the Group's comprehensive financial statements.

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