KNOWLEDGE ATLAS (02513) rose more than 6%, reaching a price of HK$945 by the time of writing, with a trading volume of HK$286 million. The company announced that on April 14, 2026, it intends to acquire a 100% equity stake in Beijing Red Diamond Technology Development Co., Ltd. from Anshi Red Diamond Investment Co., Ltd. for a cash consideration of approximately RMB 81.62 million, subject to adjustments based on a closing audit as outlined in the acquisition framework agreement. Additionally, the company has agreed to repay relevant debts in cash and assume rights related to debts totaling approximately RMB 278.9 million, pending confirmation on the closing date. The total cost of the acquisition will not exceed approximately RMB 361 million.

The target company's main business is the operation of the target property. Located at Building 19, 8 Dongbeiwang West Road, Haidian District, Beijing, China, the property includes the basement level and the first to third floors of the Diamond Tower, with a total gross floor area of approximately 22,666.71 square meters. Following the completion of the acquisition, KNOWLEDGE ATLAS will obtain full ownership of the target property through the target company, thereby optimizing its asset structure. The company plans to retain the property for its own use and relocate part of its business operations there after the acquisition.

Furthermore, the potential value of the target property is expected to support the company's long-term strategic planning, enhance its overall risk resilience, and contribute to sustainable development.