Core Viewpoint - The acquisition of a 40% stake in Beijing Jiayun Wanhe Technology Co., Ltd. by Shenzhen Jiayun Wanhe Media Co., Ltd. aims to enhance the company's strategic development and industry layout, improving resource integration and business synergy efficiency [1] Group 1 - Shenzhen Jiayun Wanhe Media Co., Ltd. signed a share transfer agreement with Beijing Yuzhuo Information Technology Co., Ltd. on September 12, 2025 [1] - The acquisition involves Shenzhen Jiayun Wanhe acquiring the 40% stake in Beijing Jiayun Wanhe Technology Co., Ltd. for 1.14 million yuan [1] - Following the completion of the acquisition, Shenzhen Jiayun Wanhe will hold 100% of the shares in Beijing Jiayun Wanhe Technology Co., Ltd. [1]