According to the Zhiliao Finance APP, China Ruyi (00136) rose more than 4%, as of press time, up 4.46%, at HKD 2.11, with a turnover of HKD 65.1875 million.

On May 7, it was announced that China Ruyi would acquire 100% equity of Beijing Youai Interactive Technology Co., Ltd., a subsidiary of ByteDance, for CNY 259 million. Currently, the core assets of Youai Interactive are "Red Alert OL". China Securities Co., Ltd. pointed out that after the equity transfer is completed, relying on the extensive player base of "Red Alert" IP, the company is expected to further expand its gaming layout, optimize resource allocation, and promote overall performance growth. In the short term, games are expected to contribute new business growth, while in the long term, the company is expected to further extend the IP lifecycle and tap the value of copyright through the linkage of films and games, and improve the company's ability to monetize its intellectual property rights in film and television.

In addition, in July 2023, China Ruyi raised HKD 4 billion in financing for the development and expansion of its film and game business. In the HKD 4 billion financing scheme, Tencent subscribed for HKD 800 million through its subsidiary Water Lily, while the remaining HKD 3.2 billion was subscribed and contributed by four investors. On June 5, 2024, China Ruyi announced that the delivery of the independent subscriber share subscription agreement had been completed. As of June 5, Tencent indirectly held 2.546 billion shares of China Ruyi through Water Lily, with a shareholding ratio of 20.36%, making it the company's largest shareholder.