CMON is planning to acquire Blissful Link Investments Limited for approximately 16.5 million Hong Kong dollars, representing about 2.2% of the issued share capital.

CMON (01792) announces that on April 23, 2026, the seller Precious Choice Global Limited and the buyer CMON Hong Kong Limited (a wholly-owned subsidiary of the Company) entered into an agreement, with the buyer conditionally agreeing to acquire and take over the sale shares (representing approximately 2.2% of the issued share capital of the target company Blissful Link Investments Limited) for a consideration of approximately HK$16.5 million. The target company is a limited company registered in the British Virgin Islands, engaged in the development of video games. The target company's latest project is called "Capverse," a Web3 game that uses blockchain technology for "play-to-earn" purposes. As of the date of this announcement, the seller owns 77.06% of the equity of the target company. Over the years, traditional board and tabletop games have merged with digital games, bringing not only the convenience of digital technology but also online multiplayer modes, automated rules, and applications that enhance the physical gaming experience. The Company believes that to continue to keep up with the video game industry and expand the Group's sources of revenue, the Group needs to undergo digital transformation and venture into video game development and Web3 projects. The advantages of digital transformation include enhanced visual effects, automated scoring and timing through applications, flexible accommodation of different numbers of players, and easier participation in games for players in different locations. In addition, participation in Web3 projects often emphasizes social responsibility and ethical practices, such as transparency and fairness in decision-making processes. Through involvement in Web3 projects, the Company can demonstrate its commitment to social responsibility and sustainable development. However, the Group will continue to complement the above digital transformation with physical gaming business, as physical games still allow players to take a break from electronic screens and promote face-to-face interaction. In line with this strategy, the acquisition will enable the Company to convert its existing intellectual property (IP) (including flagship works such as "The Others" and "Super Fantasy Brawl Reborn") into high-quality digital assets. The expected transformation will help the Group make good use of its existing fan base and expand its business footprint in the digital gaming market, thereby opening up new sources of revenue. The Board of Directors believes that integrating the Group's proprietary IP with digital and Web3 technologies will help enhance the long-term commercial value of the Group's product portfolio.