VOBILE GROUP (03738) subsidiary plans to acquire all equity in Anqing International for HK$75 million.

VOBILE GROUP (03738) announces that on October 9, 2026, the buyer (Vobile Investment Holdings Limited, a direct wholly-owned subsidiary of the Company) intends to acquire from the seller, Ms. Li Ye, the entire issued share capital of the target company for a consideration of HK$75 million, which will be satisfied by the Company at completion by allotting and issuing to the seller a total of 20,547,900 consideration shares at an issue price of HK$3.65 per consideration share, credited as fully paid (free from any encumbrances). The target company is Anqing International Limited (a limited company incorporated in Hong Kong, China on August 19, 2016). The target company possesses independently developed AI video generation and digital watermarking technologies, and mainly provides video production tools to content creators and film and television studios through multi-agent collaboration technology. Its core product is the AI video generation platformDreamesh. The target company possesses independently developed AI video generation and digital watermarking technology capabilities and intellectual property rights (including its Dreamesh platform, which can integrate content protection functions into the generation process), which can play a complementary role with the Group's existing digital content asset protection business. The acquisition enables the Group to deeply integrate the target company's proprietary spatiotemporal compression technology and inference engineering capabilities with the AI computing power center and token factory that the Group plans to build. This is expected to accelerate the delivery and implementation of the AI film and television factory, reduce the computing power consumption cost of token generation, and apply such capabilities to the Group's DreamMaker content creation customers and platform customers, thereby scaling up token production and enhancing the overall gross profit margin of the business without increasing computing power customization costs. One of the conditions precedent to completion is that each key employee of the target company shall have entered into an employment and restrictive covenant agreement (including non-competition, non-solicitation and strict confidentiality undertakings) with the buyer, the Company or its designated persons, which is expected to help retain key talent and facilitate the integration of the target company's business into the Group.