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

Reuters

Jul 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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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ID: 0001213900-25-069564), on July 31, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\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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QuantaSing Group Ltd. p","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"QSG":"量子之歌","BK4204":"教育服务"},"translate_title":"全达星集团有限公司全资收购深圳艺奇文化有限公司，扩大在流行玩具市场的影响力","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"QSG":0.9},"content_text":"QuantaSing Group Ltd. to Fully Acquire Shenzhen Yiqi Culture Co., Ltd., Expanding Influence in Pop Toy Market\n    \n\n        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. 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