Core Viewpoint - Beisen Holdings (09669) announced the acquisition of CoolXuan (Beijing) Technology Co., Ltd. and the concurrent share transaction, highlighting the successful acquisition of the ICP license necessary for its online training platform in mainland China [1] Group 1: Acquisition Details - The target company obtained the ICP license from the Ministry of Industry and Information Technology on October 18, 2025, allowing it to provide internet information services [1] - The acquisition was completed in January 2025, with the financial performance of the target company integrated into Beisen's financial statements since then [1] - The second payment condition for the domestic equity transfer agreement was met in April 2025, and the full cash consideration has been paid [1] Group 2: Share Transaction Progress - The share sellers received approval for foreign direct investment in June and August 2025 to subscribe for shares in the BVI company [1] - Ongoing discussions are taking place regarding the new final deadline for the concurrent share transaction, as the transaction has not yet been completed as of the announcement date [1]