Core 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]

Group 1 - The company, Xindong, announced a conditional agreement to acquire 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] - Following the completion of the purchase, the target company will not become a subsidiary of Xindong, as the target company is primarily held by its founders and several shareholders, with no single shareholder exceeding 10% ownership [1] - The target company's core business focuses on developing online games, self-publishing, and licensing [1] Group 2 - The target company's core team possesses mature experience in developing and operating social games with over 10 million daily active users, showcasing deep user insights [2] - The target aims to create a virtual world that integrates gaming and social interaction, enriching user experiences and facilitating broader interpersonal connections [2] - The acquisition leverages the target company's exceptional growth potential and proven innovative capabilities, with the group aiming to deliver more innovative games to enhance user engagement [2]

Group 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]