XD INC(HK:02400) Zhi Tong Cai Jing·2025-08-04 12:17Group 1 - The company, Heartbeat Company (02400), announced a conditional agreement to purchase 7.0864 million shares of B1 series preferred stock from MiAO (Cayman) Limited for $14 million, representing approximately 5.30% of the target company's issued share capital post-transaction [1] - After the completion of the purchase, the company will hold a 5.30% stake in the target company, which will not become a subsidiary of the company [1] - The target company is primarily owned by its founders (45.66%) and six shareholders (39.94%), with no single shareholder exceeding 10%, and most shareholders being well-known investment institutions or large internet companies [1] Group 2 - The target company's core team has extensive experience in developing and operating social games with over 10 million daily active users, showcasing deep user insights [2] - The target company aims to create a virtual world that integrates gaming and social interaction, enriching user experiences and facilitating broader human connections [2] - The purchase is expected to leverage the target company's significant growth potential and proven innovation capabilities, aiming to deliver more innovative games and enhance user engagement [2]