Cre8 Direct Ningbo Co Ltd

Cre8 Direct announced plans to acquire a 90 percent stake in Zhejiang Chuangku Future Cultural and Creative Company for 83.5079 million yuan. The counterparties are Ningbo Kulechao Play and its actual controller Wu Shengfeng. The target company has completed the business handover of 31 store assets and operations teams, with audited simulated net profit of 11.5983 million yuan for 2025. Ningbo Kulechao Play is a leading domestic retailer of trendy toys and cultural creative sundries, with over 300 offline stores covering major first-tier, second-tier, and core third-tier cities.

On the evening of August 6, several companies listed on the Shanghai and Shenzhen stock exchanges released significant positive announcements. Unitree Technology set its initial public offering price at 150.80 yuan per share, planning to list on the STAR Market. The offering size is 40.446434 million shares, accounting for 10 percent of the total post-IPO share capital, with online subscription scheduled for August 10. Tonghua Golden Horse intends to acquire a controlling stake in innovative drug company Bajia Yi through its wholly owned subsidiary Guilin Golden Horse. Bajia Yi holds 23 drug research and development patents and multiple clinical trial approvals for Class 1 new drugs. Zhongfu Shenying plans to raise no more than 3.893 billion yuan through a private placement to fund an annual production capacity of 30,000 tonnes of high-performance carbon fiber and other projects. Cre8 Direct plans to invest approximately 83.51 million yuan to acquire a 90 percent stake in Chuangku Future, advancing its designer toy and cultural creative business. Huaci Holdings stated that it has made the electrical ceramics business a key development focus, investing heavily this year in the construction of the Hualian Torch Electrical Ceramics Factory, which began trial production on June 11, with a healthy order backlog. Shengda Resources' controlled subsidiary Yindu Mining received approval for its technical renovation project to achieve an annual mining capacity of 900,000 tonnes. Songyuan Safety's wholly owned subsidiary secured a nomination from a European automaker to supply steering wheels and airbags, with a product lifecycle of seven years and estimated sales of approximately 691 million yuan. Hongchang Technology plans to acquire 45 percent stakes each in Kunwu Semiconductor and Youpin New Materials for no more than 405 million yuan and 315 million yuan respectively, with both companies focusing on lab-grown diamond materials. Mingjiahui plans to acquire up to a 26.19 percent stake in Zhiyu Technology for 263 million yuan in cash, expanding into the semiconductor industry. Wanwei High-tech plans to issue shares to its controlling shareholder Wanwei Group to raise no more than 2.3 billion yuan for polyvinyl alcohol resin and optical film projects.