Shenzhen Litong Industry Investment Fund Co., Ltd. signed an agreement to acquire 5% stake in COL Digital Publishing Group Co., Ltd. from Beijing Qidi Huachuang Investment Consulting Co., Ltd.
August 01, 2021
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Shenzhen Litong Industry Investment Fund Co., Ltd. signed an agreement to acquire 5% stake in COL Digital Publishing Group Co., Ltd. (SZSE:300364) from Beijing Qidi Huachuang Investment Consulting Co., Ltd. on January 25, 2021. In a related transaction, Shanghai Reading Information Technology Co., Ltd. signed an agreement to acquire 5% stake in COL Digital Publishing Group Co., Ltd. (SZSE:300364) from Beijing Qidi Huachuang Investment Consulting Co., Ltd. on January 25, 2021. Post completion, Beijing Qidi Huachuang Investment Consulting Co., Ltd. had 1.07% stake in COL.
Shenzhen Litong Industry Investment Fund Co., Ltd. completed the acquisition of 5% stake in COL Digital Publishing Group Co., Ltd. (SZSE:300364) from Beijing Qidi Huachuang Investment Consulting Co., Ltd. on August 1, 2021
COL Group Co Ltd, formerly COL Digital Publishing Group Co Ltd, is a China-based company mainly engaged in digital publishing business. The Company is mainly engaged in digital content production and authorization, intellectual property (IP) cultivation and derivative development, intellectual property protection and metaverse business. The Company provides online literary works through a full-category original content production platform and website. The Company is also engaged in the audio business, as well as web-based IP derivative businesses such as short and medium dramas, animation, as well as film and television. The metaverse business mainly includes the operation of the metaverse essay contest, digital collection platform and metaverse culture lab. The Company also provides animation product Spotlight and romance novel platform Kiss for overseas users. The Company mainly conducts its businesses in the domestic and overseas markets.
Shenzhen Litong Industry Investment Fund Co., Ltd. signed an agreement to acquire 5% stake in COL Digital Publishing Group Co., Ltd. from Beijing Qidi Huachuang Investment Consulting Co., Ltd.
COL GROUP CO.,LTD. 
