QuantaSing Group Ltd. to Fully Acquire Shenzhen Yiqi Culture Co., Ltd., Expanding Influence in Pop Toy Market

Reuters

07/31

QuantaSing Group Ltd. to Fully Acquire Shenzhen Yiqi Culture Co., Ltd., Expanding Influence in Pop Toy Market

QuantaSing Group Ltd. has announced further investments to acquire the remaining equity interests in Shenzhen Yiqi Culture Co., Ltd. ("Letsvan"). This acquisition will be completed through a combination of cash and stock, with QuantaSing issuing 18,219,330 Class A ordinary shares to Mr. Huiyu Zhan, founder and CEO of Letsvan. The share issuance will occur in three installments and adhere to specific restrictions and vesting schedules. Mr. Zhan is set to join QuantaSing's board of directors on August 1, 2025. Letsvan, focused on IP incubation and pop toys, will become a wholly-owned subsidiary of QuantaSing, enhancing synergies and competitive advantages in the consumer sector.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. QuantaSing Group Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-069564), on July 31, 2025, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. QuantaSing Group Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-069564), on July 31, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"QSG","symbol_name":"量子之歌","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250731:nNDL1YZ8Vt:1","article_id":"2555886918","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2555886918","pubTimestamp":1753956696,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"QuantaSing Group Ltd. has announced further investments to acquire the remaining equity interests in Shenzhen Yiqi Culture Co., Ltd. . 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