According to the Smart Finance App, China Ruyi (00136) rose nearly 4%, and as of publication, rose 3.92% to HKD 2.12 with a turnover of HKD 46.8977 million.
On the news front, according to Tianyancha App, there has been a business change at Beijing YouAi Huyu Technology Co., Ltd., where the original shareholders ByteDance's Beijing Chaoxi Guangnian Information Technology Co., Ltd. and Beijing Youyi Technology Co., Ltd. have exited, and China Ruyi's subsidiary, Beijing Ruyijingshu Network Technology Co., Ltd., has become a new shareholder with full ownership, while the legal representative has been changed from Hu Bingbin to Chen Chao, and the main personnel have also changed.
It is reported that on May 7th, China Ruyi announced the acquisition of 100% equity of Beijing YouAi Huyu Technology Co., Ltd., a ByteDance asset, for a transaction price of CNY 0.259 billion. Currently, the core asset of YouAi Huyu is "Red Alert OL". CSC Securities pointed out that after the equity transfer is completed, relying on the extensive player base of the "Red Alert" IP, it is expected to further expand the company's game layout, optimize resource allocation, and promote overall performance growth.