Tianhong Cultural Creativity (08500.HK) subsidiary plans to acquire 51% equity of Guangzhou Wuneng Education Network Technology.

Wisdom Financial News APP alerts that Tianhong Cultural and Creative (08500.HK) has announced that after the trading session on July 11, 2025, its wholly-owned subsidiary, the buyer Tianhong Wenrui (Shenzhen) Media Investment Co., Ltd., and the seller Zhang Hong have entered into a memorandum of understanding regarding the proposed acquisition of 51% equity of the target company Guangzhou Wo Neng Online Technology Co., Ltd. The seller is the ultimate beneficial owner of 74.99% of the equity of the target company, which focuses on research and education sectors, providing integrated hardware and software solutions as well as SaaS platform services.