COL Group Co.,Ltd. (SZSE:300364) agreed to acquire a 51.04% stake in Beijing HMCH Anime Co., Ltd. from Beijing Dream Castle Culture Co., Ltd. and Shengxiao Culture and Entertainment (Beijing) Co., Ltd. for approximately CNY 140 million on June 28, 2023. COL Group will acquire 38.176% stake from Beijing Dream Castle for CNY 103.1 million and 12.8654% stake from Shengxiao Culture and Entertainment for CNY 34.7 million. As of March 31, 2023, Beijing HMCH Anime reported Total assets of CNY 39.2859 million and Net asset of CNY 30.4827 million.

The transaction is approved by the board of COL Group.