XD INC(HK:02400) Ge Long Hui·2025-08-04 12:19Core Viewpoint - The company has entered into a conditional share purchase agreement to acquire 5.30% of MiAO (Cayman) Limited for $14 million, aiming to leverage the target company's growth potential and innovative capabilities in the gaming industry [1][2] Group 1: Acquisition Details - The company will acquire 7,086,420 shares of B1 series preferred stock, representing approximately 5.30% of the target company's issued share capital post-transaction [1] - The funds received by the target company will be used for business expansion, capital expenditures, and general working capital [1] Group 2: Target Company's Business - The target company specializes in developing online games, self-publishing, and licensing, with a core team experienced in creating social games with over 10 million daily active users [1] - The target aims to create a virtual world that integrates gaming and social interaction, enhancing user experiences and facilitating broader social connections [1] Group 3: Strategic Implications - The acquisition is expected to support the company's sustainable business development and enhance long-term shareholder value through strategic partnerships and innovative game offerings [2] - If the target company's games are successfully launched and receive positive market feedback, the company stands to benefit from potential financial returns and equity appreciation [2]