EHGO acquired D&K Asset Management and worked with Liuli Ball Culture to create a new blueprint for Tencent’s business ecosystem

EHGO acquired D&K Asset Management and worked with Liuli Ball Culture to create a new blueprint for Tencent’s business ecosystem

SHANGHAI, December 20, 2024 /PRNewswire/ — Eshallgo Inc (“Eshallgo” or the “Company”) (NasdaqCM: EHGO), one of China’s leading office integrators, agents and service providers, announced a major strategic move – the acquisition of D&K Asset Management (Hong Kong) Co., Ltd. and establishing a deep strategic partnership with Beijing Liuliuqiu Cultural Development Co., Ltd. This not only shows ESHALLGO’s unwavering pace of business expansion, but also its official entry into the Tencent business ecosystem, but also means that the company will embark on a new form of collaboration in the areas of office integration services and cloud gaming and explore this market together.

The highlights of this acquisition lie in the two significant cooperation agreements signed by Shenzhen Qianhai Huiying Technology Power Co., Ltd., a subsidiary of D&K Asset Management (Hong Kong) Co., Ltd. wholly owned by ESHALLGO, and Tencent technology (Shenzhen) Co., Ltd., an international internet giant. The first agreement is the “Cloud Gaming Console Product Cooperation Agreement”, under which both parties will work closely together on various aspects, from the creative conception of DEMO prototypes to console design to hardware and software technologies. By using cloud gaming and streaming technologies combined with the open Android system, they aim to provide global gamers with a wide variety of gaming content and exceptional cloud gaming experiences, and together build an open and mutually beneficial gaming ecosystem . The second agreement is the “Cross-Industry Cooperation Agency Agreement”, where both parties will conduct joint marketing activities targeting Tencent’s user base, including events such as game competitions, user meetings, talent shows and other offline activities. They will make full use of their respective marketing channels to promote cooperative promotional activities and their respective businesses, thereby achieving resource sharing and mutual benefit.

On the same day, ESHALLGO also signed a sales agreement for one thousand cloud gaming consoles with Beijing Liuliuqiu Cultural Development Co., Ltd. Leveraging Tencent’s resource advantages, the two parties will work together to develop cloud gaming console products that support multiple cloud gaming services. This console achieves a perfect integration of hardware and network resources, resulting in the flourishing development of the cloud gaming ecosystem and allowing gamers to enjoy AAA games anytime, anywhere. At the same time, the collaborative product will work closely with cloud gaming ecosystems such as Migu Quick Gaming. Tencent START cloud gaming, Tencent Pioneer Cloud Gaming, Microsoft Xcloud and GeForce Now jointly promote the prosperity and development of the cloud gaming industry and open a new chapter in cloud gaming.

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