Shanghai Jiayou Enterprise Management Partnership (Limited Partnership) completed the acquisition of 11.897058% stake in YOOZOO Interactive Co., Ltd. from Lin Xiaoxi, Lin Ruijing and Lin Li.
March 14, 2023
Share
Shanghai Jiayou Enterprise Management Partnership (Limited Partnership) entered into a letter of intention to acquire a 11.897058% stake in YOOZOO Interactive Co., Ltd. (SZSE:002174) from Lin Xiaoxi, Lin Ruijing and Lin Li for CNY 1.1 billion on December 30, 2022. Shanghai Jiayou Enterprise Management Partnership (Limited Partnership) entered into an agreement to acquire a 11.89% stake in YOOZOO Interactive Co., Ltd. (SZSE:002174) from Lin Xiaoxi, Lin Ruijing and Lin Li for CNY 1.1 billion on March 1, 2023.Under the terms, Shanghai Jiayou Enterprise will acquire 107.3 million shares at a price of CNY 10.20 per share. Lin Xiaoxi will transfer 37.68 million shares, accounting for 4.11% stake, Lin Ruijing will transfer 31.96 million shares, accounting for 3.49% stake, Lin Li will transfer 37.68 million shares, accounting for 4.11% stake. Shanghai Jiayou Enterprise Management has paid CNY 470 million and remaining amount will be paid within 30 days working days after the date of registration and transfer of the shares. Transaction has been approved by Shanghai Jiayou Enterprise Management's board.
Shanghai Jiayou Enterprise Management Partnership (Limited Partnership) completed the acquisition of 11.897058% stake in YOOZOO Interactive Co., Ltd. (SZSE:002174) from Lin Xiaoxi, Lin Ruijing and Lin Li on March 15, 2023.
YOOZOO Interactive Co Ltd is a China-based company mainly engaged in the research and development, distribution and operation of online games. The Company operates primarily through three segments. The Mobile Game segment is mainly engaged in the research, development, distribution and operation of mobile games such as numerical card mobile games, Westward Journey card mobile games and Three Kingdoms card mobile games. The Web Game segment is mainly engaged in the research, development, distribution and operation of personal computer (PC) games such as three-dimensional (3D) real-time strategy web games. The Other segment is mainly engaged in game agency and intellectual property (IP) promotion business. The Company mainly conducts its businesses in domestic and overseas markets.
Shanghai Jiayou Enterprise Management Partnership (Limited Partnership) completed the acquisition of 11.897058% stake in YOOZOO Interactive Co., Ltd. from Lin Xiaoxi, Lin Ruijing and Lin Li.