Gong Hongjia and Li Ying join forces to strategically invest HK$350 million in WANKA ONLINE (01762), jointly promoting AI applications and global expansion.

On March 12, 2026, WANKA ONLINE (01762) Group officially announced a major announcement, declaring that it had received a strategic investment of HK$350 million from well-known investors Gong Hongjia and Li Ying. The related placement matters are steadily progressing in accordance with the agreement terms. In this strategic investment, the two investors will hold the company's stocks for a lock-in period of two years, with a high placement price and a long lock-in period. This fully reflects the high recognition of the top capital markets for WANKA ONLINE's mobile game distribution ecosystem and AI application globalization strategy, signaling a new stage in the company's development of resource integration and high-quality growth. After the completion of this fundraising, the funds will be allocated to three main directions: 60% of the funds will be used to support strategic investments, mergers, and acquisitions at the group level; 30% of the funds will be used for AI application upgrades and accelerated expansion of overseas business; the remaining 10% of the funds will be used to support group business operations and drive sustainable growth. Gong Hongjia: Setting a new benchmark for technology investments As a highly influential technology entrepreneur and angel investor in China, Gong Hongjia is known as the "Father of AI Investment in China." His leading Jia Dao Private Capital has been deeply involved in cutting-edge technology fields such as artificial intelligence, semiconductors, and healthcare, with a forward-looking layout. With profound insights into technology trends and a long-termism philosophy, he has repeatedly captured investment opportunities and continuously set benchmarks in the venture capital industry. The layout of WANKA ONLINE in key areas such as AI applications, mobile ecosystems, AI data standardization, Generative Engines Optimization (GEO), and AI Intelligent Agents aligns well with Gong Hongjia's advocacy of "root technology innovation," "long-term companionship," "hard technology base," and "reverse layout" investment philosophy. This strategic partnership may become another landmark investment achievement for him. Li Ying: Empowering the AI application ecosystem with WANKA ONLINE According to public information from Qcc, Li Ying has served as a core executive at ByteDance and its many affiliated companies. Li Ying's strategic investment in WANKA ONLINE is based on his forward-looking judgment on the global AI marketing revolution and his high recognition of WANKA ONLINE's "AI + Overseas Expansion" dual-drive strategy. Establishing a solid foundation for core businesses, ushering in a new era of AI applications (WANKA ONLINE listed on the Hong Kong Stock Exchange in 2018, stock code: 01762) WANKA ONLINE is a leading domestically developed AI advertising platform and mobile game distribution leader, the only one to cover iOS, Android, and Harmony operating systems, and holds game core agency qualifications from six top mobile phone manufacturers including Apple, Huawei, Xiaomi, OPPO, vivo, and Honor. In the game advertising market on application stores and browsers, it holds a "hidden champion" position, building an unrivaled moat with enormous growth potential in the future. According to the profit and joy announcement released by WANKA ONLINE in February 2026, the Group expects revenue for the 2025 fiscal year to reach RMB 4 to 4.4 billion, a year-on-year growth of 52.2% to 67.5%; net profit is expected to be RMB 60-68 million, a year-on-year surge of 690.3% to 795.7%, fully demonstrating its business model's cash flow capabilities. Overseas revenue grew more than four times year-on-year, as Chinese game companies accelerated global expansion, WANKA ONLINE relied on deep cooperation with Apple and global Android manufacturers to provide a "one-stop solution for going overseas," becoming the preferred navigator for Chinese game companies going abroad. With the strong self-sufficiency capability of its core mobile ecosystem and game advertising business, the joint entry of Gong Hongjia and Li Ying is like giving wings to a tiger, not only bringing capital support but also deep integration of industry resources, strategic vision, and innovative ideas, empowering the Group to seize the initiative in the AI industry revolution and move towards a new stage of rapid development.