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Zhejiang Whyis Technology Co.Ltd.

Zhejiang Whyis Technology Co., Ltd. provides information system integration and technical services to the smart city industry in China. Its integrated solutions cover project design, information system development, hardware and software procurement, and operation and maintenance. The company also serves sectors such as smart ports and shipping, prisons, public security, procuratorates, courts, power, healthcare, and buildings, and offers proprietary products. Founded in 1998, it is headquartered in Hangzhou, China.

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Huashi Technology Terminates 300 Million Yuan Acquisition of 30% Stake in Aoxing Technology

Zhejiang Huashi Technology Co., Ltd. announced that, due to failure to reach agreement on core transaction terms, it has decided to terminate the acquisition of a 30% equity stake in Jiangxi Aoxing Technology Co., Ltd. for 300 million yuan of its own funds. The company's board of directors approved the acquisition proposal on August 14, 2026, but after subsequent negotiations, the two parties failed to agree on core terms. To control investment risk and protect shareholder interests, the deal was terminated by mutual agreement. As of the announcement date, the company has not paid any amount, neither party is required to bear liability for breach of contract, and the termination will not have a material adverse impact on the company's operations or financial performance.
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Artificial Intelligence▲

WASU Technology to acquire 30% stake in Aoxing Technology for 300 million yuan, entering AI marketing

WASU Technology plans to acquire a 30% stake in Jiangxi Aoxing Technology Co., Ltd. with 300 million yuan of its own funds, entering the AI marketing sector. Aoxing Technology's core businesses include internet advertising agency, short drama distribution, e-commerce traffic generation, and AI Token agency, using AI technology to help clients acquire customers and achieve growth. After the transaction is completed, it will become an associated subsidiary of WASU Technology, helping the company cultivate a second profit growth curve. This week, southbound funds net bought Tencent Holdings for 7.729 billion Hong Kong dollars. Tencent's total revenue in the first half of the year was 401.243 billion yuan, up 10% year on year, of which marketing services revenue in the second quarter was 43.565 billion yuan, up 22% year on year. Lenovo Group's single-quarter operating revenue was 26.9 billion US dollars, a record high, up 43% year on year, with AI-related revenue up 60% year on year, accounting for 35% of total revenue.
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Artificial Intelligence
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