Blue Ding International (582) (proposed purchase) announced in the middle of this year that it would acquire the Korean gaming business for 900 million yuan and pay by issuing new shares. The acquisition includes a gaming license in Jeju Island, South Korea and the gaming business of Hyatt Hotels. The group will soon lease facilities and casinos from major brands locally to launch the gaming business as soon as possible and drive cash flow in. Earlier, the Group raised 600 million yuan through premium allotment of shares for investment opportunities and general working capital. As of the end of June this year, the Group held 2,285 million yuan in cash, plus 600 million yuan raised from allotments, and had plenty of cash on hand, which is believed to be beneficial to the Group's future development of the gaming business. Target $0.55, stop loss $0.415.