Vobile Group (03738) has announced that on October 9, 2026, the buyer (Vobile Investment Holdings Limited, a directly wholly-owned subsidiary of the company) intends to acquire the entire issued share capital of the target company from the seller, Ms. Li Ye, for a consideration of HK$75 million.

The consideration will be settled by the company at completion through the allotment and issue to the seller of a total of 20,547,900 fully paid consideration shares at an issue price of HK$3.65 per consideration share, 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, primarily providing video production tools to content creators and film and television studios through multi-agent collaboration technology. Its core product is the AI video generation platform 鈥?Dreamesh.

The target company owns independently developed AI video generation and digital watermarking technology capabilities and intellectual property, including its Dreamesh platform that 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 allows 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 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 these capabilities to the group's DreamMaker content creation clients and platform clients.

This will amplify token production scale and enhance the overall gross profit margin of the business without increasing customized computing power costs.

One of the conditions precedent for completion is that each key employee of the target company must have entered into employment and restrictive covenant agreements with the buyer, the company, or its designated persons, including non-competition, non-solicitation, and strict confidentiality commitments.

This is expected to help retain key talent and facilitate the integration of the target company's business into the group.