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Tiger'sParadise| China's Confucianism rose more than 4% in early trading and offered 259 million yuan to acquire Beijing Youai Mutual Entertainment

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China's Confucianism (00136) rose 4.5 percent in early tradingTiger'sParadise.04%, currently quoted at HK$2.06, with a turnover of HK$29.7203 million.

China Ruyi announced that its affiliated Beijing Ruyi intends to acquire a 100% stake in Beijing Youaihuyu Technology from an independent third party, whose core asset is the "Red Alert OL" gameTiger'sParadiseR & D assets with an initial cost of RMB 259 million. Based on the simulated game life cycle, the company believes that the "Red Alert OL" project will still have considerable benefits in the future.

Tiger'sParadise| China's Confucianism rose more than 4% in early trading and offered 259 million yuan to acquire Beijing Youai Mutual Entertainment