EDENSOFT (01147) to Acquire Full Ownership of Kong Jun Technology for HK$3 Million

Stock News
02/10

EDENSOFT (01147) announced that on February 10, 2026, its wholly-owned subsidiary, Professional Eternity Limited, has agreed to acquire 100% of the equity in Kong Jun Technology Limited from Kong Jun Group Limited for a total consideration of HK$3 million. The target company is an established IT service provider in Hong Kong with over 35 years of experience. It primarily engages in enterprise software subscriptions and licensing, specialized IT solutions, and IT training services, boasting a solid customer base and a strong market reputation. Kong Jun Technology maintains a long-term partnership with Microsoft, and its service network extends across Mainland China, Hong Kong, and Macau. The acquisition aims to combine the strengths of both companies, significantly expanding and deepening the group's presence in the enterprise IT and cloud services markets in Hong Kong and broader regions. Integrating the group's self-developed AI products with the target company's established software sales, training, and customer channels is expected to create a more competitive "product + service + training" one-stop solution, accelerating business growth. The acquisition aligns with the group's long-term development objectives and business strategy, serving the overall interests of the company and its shareholders.

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