**Daily Updates**
**1. Beijing China Sciences Runyu Environmental Technology Acquires Two Beijing Capital Water Services Subsidiaries**
Beijing China Sciences Runyu Environmental Technology Co.,Ltd. acquired 100% equity stakes in Guangxi Guigang Beijing Capital Water Environmental Protection Co., Ltd. and Guangxi Pingnan Beijing Capital Water Environmental Protection Co., Ltd. through public tender from Beijing Capital Water Services (Guangxi) Group Co., Ltd. The transfer prices were RMB 302.67 million and RMB 51.75 million respectively. On August 29, 2025, Beijing China Sciences Runyu Environmental Technology signed equity transfer agreements and supplementary agreements with Beijing Capital Water Services, Guigang Environmental Protection, and Pingnan Environmental Protection.
**2. Shenkai Shares Acquires Lanhaizhixin Equity**
Shanghai Shenkai Petrochemical Equipment Co., Ltd.'s wholly-owned subsidiary Shanghai Shenkai Petroleum Technology Co., Ltd. acquired a 51% stake in Beijing Lanhaizhixin Energy Technology Co., Ltd. for RMB 60 million in cash. Currently, Lanhaizhixin's industrial and commercial registration procedures have been completed, obtaining the Registration Notice and new Business License from Beijing Chaoyang District Market Supervision Administration. After the equity change, Shenkai Technology holds 51%, Liu Guande holds 30.38%, Ma Guangchun holds 14.70%, and Gao Zhujun holds 3.92%. Shenkai Shares has paid the first installment of RMB 39 million according to the agreement and will include Lanhaizhixin in its consolidated financial statements starting September 1, 2025.
**3. Huijin Technology Acquires Yizhengtong Equity**
Zhuhai Huijin Technology Co., Ltd. acquired a 51% stake in Nanjing Yizhengtong Information Technology Co., Ltd. from Ma Shengdong and eight other counterparties for RMB 29.07 million. Currently, the related party loan from Jiangsu Wisdom Digital Authentication Co., Ltd. has been fully repaid, and Yizhengtong's shareholder change registration procedures have been completed with a new Business License obtained. Huijin Technology holds 51% of Yizhengtong, making it a controlling subsidiary included in the consolidated statements.
**4. Keli Sensing Technology Plans to Acquire Huahong Technology Equity**
Keli Sensing Technology(Ningbo)Co.,Ltd. plans to acquire a combined 45% stake from minority shareholders Chen Chunjiang and three others in its controlling subsidiary Fuzhou Huahong Intelligent Technology Co., Ltd. for approximately RMB 122 million in cash. Upon completion, Keli Sensing Technology will hold 96% of Huahong Technology, further strengthening control over the subsidiary, improving operational and decision-making efficiency, reducing management costs and risks, optimizing resource allocation, and aligning with the company's long-term development strategy.
**5. Souda Viger Plans to Acquire Changzhou Weipu Semiconductor Equipment Co., Ltd.**
Souda Viger plans to acquire no more than 51% equity in Changzhou Weipu Semiconductor Equipment Co., Ltd. to achieve controlling interest in the target company. The company has signed an Equity Acquisition Letter of Intent with some shareholders of Changzhou Weipu. The overall valuation of 100% equity is tentatively set at no more than RMB 1 billion, with transaction consideration expected not to exceed RMB 510 million. Final valuation and pricing will be subject to evaluation reports and formal acquisition agreements.
**6. China Casting Morning Plans to Acquire Guangzhou Heyue New Energy Technology Company**
China Casting Morning's indirect wholly-owned subsidiary Yinwei International Limited entered into a memorandum of understanding with Guangzhou Heyue New Energy Technology Co., Ltd. to explore potential investment in acquiring equity interests in the target company. Guangzhou Heyue New Energy Technology is a limited company registered in China, primarily engaged in providing comprehensive new energy solutions, focusing on investment, construction, and operation in photovoltaic, inverters, energy storage, charging station microgrids, and hydrogen energy sectors. The photovoltaic industry, as an inevitable trend in global energy industry development and industrial structure adjustment, has been incorporated into China's economic strategy with active policy-level encouragement for its development.
**7. Savvy Games Group Plans to Acquire Chinese and Asian Gaming Companies to Expand Market**
Savvy Games Group, under Saudi Arabia's Public Investment Fund, is planning to expand into the Chinese market and other Asian regions, seeking large-scale transactions worth billions of dollars to enhance its influence in the global gaming industry. CEO Brian Ward stated that tense political relations between China and the US create excellent opportunities for Savvy Games Group to reach deals with Chinese domestic game developers, though he did not disclose specific potential transaction targets. Ward emphasized that China is an important hub for global game development talent, and Chinese gaming companies urgently need to go global, presenting significant opportunities for Savvy to establish strategic partnerships in Asia. Additionally, Savvy Games Group is considering expansion into Southeast Asia and Latin America. Its goal is to become the largest company in gaming and esports. In 2023, it acquired Scopely for $4.9 billion, which subsequently acquired Niantic's gaming division for $3.5 billion. Currently, Savvy Games Group ranks eighth globally among publishers by net revenue, and second among mobile game publishers, trailing only Tencent.
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