Weihuada Holdings announced on September 21 that it will issue 1.18 billion new shares to Nova Scope Ventures Limited at HK$2.7 per share, at a consideration price of approximately HK$3.186 billion, and introduce TSS United, an AI strategic shareholder. The deal is classified as a major long-term investment for the company. After the transaction is completed, Teslink will become the main shareholder of Weihuada. The two sides will rely on their respective industrial and technical advantages to reach deep strategic collaboration and deepen the layout of the domestic AI industry.

Zhitongcaijing · 3d ago
Weihuada Holdings announced on September 21 that it will issue 1.18 billion new shares to Nova Scope Ventures Limited at HK$2.7 per share, at a consideration price of approximately HK$3.186 billion, and introduce TSS United, an AI strategic shareholder. The deal is classified as a major long-term investment for the company. After the transaction is completed, Teslink will become the main shareholder of Weihuada. The two sides will rely on their respective industrial and technical advantages to reach deep strategic collaboration and deepen the layout of the domestic AI industry.