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Stock impact report

EHGO Acquired D&K Asset Management and Worked with Liuli Ball Culture to Draw a New Blueprint for Tencent's Business Ecosystem

Eshallgo Inc. - Class A Ordinary Shares (EHGO) 
Company Research Source: PR Newswire
SHANGHAI, Dec. 20, 2024 /PRNewswire/ -- Eshallgo Inc ("Eshallgo" or the "Company") (NasdaqCM: EHGO), one of the leading Chinese office integrator, agent, and service provider, announced a far-reaching strategic move—the acquisition of D&K Asset Management (Hong Kong) Co., Ltd., and the establishment of a deep strategic partnership with Beijing Liuliuqiu Cultural Development Co., Ltd. This not only demonstrates ESHALLGO's steadfast pace in business expansion, officially entering the Tencent business ecosystem, but also signifies that the company will embark on a new mode of cooperation in the fields of office integration services and cloud gaming, jointly exploring this market.The highlights of this acquisition lie in the two significant cooperation agreements signed by Shenzhen Qianhai Huiying Technology Power Co., Ltd., a subsidiary of D&K Asset Management (Hong Kong) Co., Ltd., which is wholly owned by ESHALLGO, and Tencent Technology (Shenzhen) Co., Ltd., an international internet Show less Read more
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