01961 INFINITIES TECH
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INFINITIES TECH News
Infinities Technology International (Cayman) Holding Limited's (HKG:1961) 25% Share Price Plunge Could Signal Some Risk
Unfortunately for some shareholders, the Infinities Technology International (Cayman) Holding Limited (HKG:1961) share price has dived 25% in the last thirty days, prolonging recent pain. The drop
Duoniu Technology (01961.HK) completed the acquisition of all shares in Infinities Wonder and issued 96.3 million costly shares
On April 24, Ge Longhui Technology (01961.HK) announced that it plans to acquire all of Infinities Wonder's shares for 126 million yuan. All prerequisites contained in the sale agreement have been fulfilled, and completion was implemented on April 24, 2024 in accordance with the terms and conditions of the sale agreement. After completion, the company will hold all of the issued share capital of the target company, and the target company will become a wholly-owned subsidiary of the company and indirectly hold 60% of Beijing Wande's shares. The target company's financial results will still be comprehensively recorded in the group's comprehensive financial statements. According to the purchase and sale agreement, the company has used every
Duoniu Technology (01961) completed the acquisition of 60% of Beijing Wande's shares and completed the allocation of 96.3 million costly shares
Zhitong Finance App News, Duoniu Technology (01961) announced that on September 8, 2023, the company plans to acquire all of Infinities Wonder Limited's issued share capital from Infinities B&M Technology Limited at a cost of approximately HK$135 million. The price will be paid by allocating and issuing 96.3 million consideration shares to the seller. The issue price is HK$1.4 per share, and the compensation shares account for approximately 13.58% of the expanded share capital. The announcement stated that all the prerequisites contained in the sales agreement have been obtained
The March ranking of Chinese mobile game revenue and downloads in overseas markets has been released! “Last War: Survival Game” hits the revenue list for the first time
The Zhitong Finance App learned that according to the latest data from the Sensor Tower store intelligence platform, in March 2024, the revenue and download rankings of Chinese mobile game products in overseas markets were released. The 4X strategy mobile game “Last War: Survival Game”, which combines casual gameplay, increased by 40% in March, breaking through 100 million US dollars, a record high, and topped the overseas mobile game revenue list for the first time.
Duoniu Technology (01961) announced 2023 annual results with revenue of 264 million yuan, an increase of 154% year-on-year
According to the Zhitong Finance App, Duoniu Technology (01961) announced the results for the year ended December 31, 2023. The group achieved revenue of 264 million yuan (RMB, same below) during the period, an increase of 154% over the previous year; the owner of the parent company should have accounted for a loss of 53.32 million yuan, a year-on-year decrease of 36.86%; the basic loss per share was 9 points. According to the announcement, the average monthly paying users in the game business increased from about 23,600 for the year ended December 31, 2022 to about 152,800 for the year ended December 31, 2023. This increase is mainly due to the 2023 fiscal year, where the Group continued
INFINITIES TECH: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
Duoniu Technology (01961) completed placement of 8.114 million shares
Duoniu Technology (01961) issued an announcement. All conditions contained in the placement agreement have been met, and the placement matters have been completed on 20...
Duoniu Technology (01961.HK) plans to hold a board meeting on March 28 to approve the annual results
Glonghui March 18 | Duoniu Technology (01961.HK) announced that the company will hold a board meeting on March 28, 2024 (Thursday) to consider and approve the Group's annual results and publication for the year ended December 31, 2023, and to consider declaring a final dividend (if any).
Some game stocks rose 5% to Goodwill (02400). Institutions are optimistic about the beginning of a new product cycle in the game industry
Jinwu Financial News | Some game stocks are improving. Xindong (02400) rose 5%, Hometown Interactive (03798) rose 2.36%, Duniu Technology (01961) rose 2.31%, China Mobile Games (00302) rose 0.95%, Tencent Holdings (00700) rose 0.89%, and Bilibili (09626) followed suit. According to the news, Huaxi Securities said that in the 9th week of 2024, 111 domestic game versions and 5 game version changes were implemented, and major works such as “Black Myths: Goku,” “Infinite Warmth,” “Eternity,” and “Perfect New World” were reviewed (according to National News)
Duoniu Technology (01961.HK) plans to place up to 50.7 million shares at a premium of about 28.6% to raise HK$87.5 million
Gelonghui, January 26, 丨 Duoniu Technology (01961.HK) announced that on January 26, 2024, the company entered into a placement agreement with the placement agent. According to this, the company appoints an placement agent to place up to 50.7 million shares of the placement shares at a price of HK$1.775 per placed share to no less than six independent undertakers after the placement agent has been met in accordance with the best effort standards and prerequisites for placement. The company will allocate and issue placement shares in accordance with the general mandate granted to the directors at the annual general meeting of shareholders. The placement price is HK$1.775 per share compared to the closing price of 1.38 per share as reported by the Stock Exchange on the date of the placement agreement
Duoniu Technology (01961.HK) completed the placement of 16.9 million shares
On December 20, Gelonghui (01961.HK) announced that according to the placement agreement of December 1, 2023, 16.9 million shares will be placed, issued and placed on December 18, 2023.
Infinities Technology International Forms Chinese Media Content JV; Shares Rise 4%
Infinities Technology International (Cayman) Holding's (HKG:1961) subsidiary formed a joint venture with Lix Film and Game Group for the creation of media content that will showcase Chinese culture, a
Infinities Technology International Raises HK$29 Million From Share Placement
Infinities Technology International (Cayman) Holding (HKG:1961) has raised net proceeds of HK$29 million from the placement of 16.9 million shares at HK$1.775 apiece. The shares represent roughly 2.68
Duoniu Technology (01961.HK) completed the placement of 16.9 million shares for a total of HK$30 million
Gelonghui on December 18|Duoniu Technology (01961.HK) issued an announcement that the placement was completed on December 18, 2023. The placement agent has successfully placed a total of 16.9 million placed shares to an individual contractor, the investor and an independent third party, Lo Yiu-lung, at the placement price of HK$1.775 per share in accordance with the terms and conditions of the placement agreement. The 16.9 million placed shares are equivalent to approximately 2.76% of the company's existing issued share capital immediately before completion of this announcement and approximately 2.68% of the issued share capital after the allotment and issuance of shares expanded. Proceeds from placement
Sensor Tower: In November, the overseas revenue of the Chinese mobile game “Genshin” increased 41% month-on-month, returning to the top of the overseas mobile game revenue list and growth list
Genshin's revenue in Japan, the largest overseas market, rose as high as 74%.
Changes in Hong Kong stocks | Duoniu Technology (01961) once rose more than 10% and plans to place a premium of about 24.13% to raise HK$29 million
The Zhitong Finance app learned that Duoniu Technology (01961) once rose more than 10% in early trading. As of press release, it had risen 5.59% to HK$1.51, with a turnover of HK$1,314,400. According to the news, Duoniu Technology announced that it will place up to 16.9 million new shares, equivalent to 2.68% of the expanded share capital; the placement price is HK$1.775, a premium of about 24.13% over the previous trading day (December 1). The net proceeds amount to HK$29 million, which is intended to be used for further development of game products and artificial intelligence products; diversified development of the gaming sector; and general working capital.
INFINITIES TECH: Interim Report 2023
Duoniu Technology (01961.HK) plans to acquire all shares of Infinities Wonder for 126 million yuan
Glonghui September 11: Duoniu Technology (01961.HK) announced that on September 8, 2023, the company signed a share purchase agreement with Infinities B & M Technology Limited (as the seller). According to this, the seller conditionally agreed to sell all of the issued share capital of the target company (that is, Infinities Wonder Limited), at a cost of approximately RMB 126 million. The costs will be paid by allocating and issuing consideration shares at the issue price in accordance with the special authorization that the company will seek at the Extraordinary General Meeting of Shareholders. According to the purchase
Infinites Technology and Shanghai NeuHelium Setup AI Lab in China
Infinities Technology International (Cayman) Holding (HKG:1961) said it has set up the Wanxiang NeuHelium Artificial Intelligence Joint Laboratory in Shanghai, China, in partnership with Shanghai NeuH
Duoniu Technology (01961.HK): Losses in the first half of the year narrowed to 10.5 million yuan
GLONGHUI, August 28丨Duoniu Technology (01961.HK) announced that the company's revenue increased by about 230.5% from approximately RMB 43.2 million in the first half of 2022 to approximately RMB 142.8 million in the first half of 2023. This increase is mainly due to an increase of approximately RMB 21.4 million in revenue from the mobile game development and operation and information services business, an increase of approximately RMB 38.6 million from the digital media content distribution business, and an increase of approximately RMB 39.6 million from the newly expanded game product supply business. About the people of Māori in the first half of 2022
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