XD Inc. Announces Purchase of Series B1 Preferred Shares in Target Company

Reuters

Aug 04

XD Inc. Announces Purchase of Series B1 Preferred Shares in Target Company

XD Inc., a company listed on the Hong Kong Stock Exchange, announced on August 4, 2025, that its indirect wholly-owned subsidiary, XD (HK) Limited, has entered into a Share Purchase Agreement to acquire Series B1 preferred shares in MiAO (Cayman) Limited. This transaction, which involves strategic collaboration to enhance XD Inc.'s gaming portfolio, is exempt from independent shareholders' approval under Chapter 14A of the Listing Rules. The purchase aims to support the sustainable growth of XD Inc.'s business and benefit its shareholders.

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. XD Inc. published the original content used to generate this news brief on August 04, 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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Announces Purchase of Series B1 Preferred Shares in Target Company","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      XD Inc. Announces Purchase of Series B1 Preferred Shares in Target Company\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        XD Inc., a company listed on the <a href=\"https://laohu8.com/S/HKRHF\">Hong Kong</a> Stock Exchange, announced on August 4, 2025, that its indirect wholly-owned subsidiary, XD (HK) Limited, has entered into a Share Purchase Agreement to acquire Series B1 preferred shares in MiAO (Cayman) Limited. This transaction, which involves strategic collaboration to enhance XD Inc.'s gaming portfolio, is exempt from independent shareholders' approval under Chapter 14A of the Listing Rules. 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Announces Purchase of Series B1 Preferred Shares in Target Company\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-08-04 20:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      XD Inc. 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