UJU (1948) signed an equity transfer agreement on November 14, 2025, to acquire 100% equity interest in a target entity operating the ChillShorts short drama platform. Upon completion of the transaction, the target entity will become a subsidiary of UJU, and its financial results will be fully consolidated into the group’s statements.
ChillShorts provides real-time viewing and subscription services for short dramas, featuring a broad content library and an interactive chat function with drama characters. It reports an average daily active user level exceeding 100,000, covering markets such as Japan, South Korea, the United States, and Southeast Asia.
The acquisition aligns with UJU’s overseas growth strategy, aimed at leveraging online marketing capabilities in conjunction with ChillShorts' immersive viewing features and high-quality content to broaden business boundaries and create new revenue channels. The company stated that the transaction does not meet the notifiable transaction thresholds under Chapter 14 of the Listing Rules, and is not classified as a connected transaction under Chapter 14A.
