EShallGo acquires D&K Asset Management, enters pact with Beijing Liuliuqiu

Eshallgo (EHGO) announced the acquisition of D&K Asset Management and the establishment of a strategic partnership with Beijing Liuliuqiu Cultural Development. The company will embark on a new mode of cooperation in the fields of office integration services and cloud gaming, jointly exploring this market. The company said the highlights of this acquisition lie in the two cooperation agreements signed by Shenzhen Qianhai Huiying, a subsidiary of D&K Asset Management, which is wholly owned by Eshallgo, and Tencent (TCEHY). The first agreement is the “Cloud Gaming Console Product Cooperation Agreement,” under which both parties will collaborate on various aspects, from the creative conception of Demo prototypes, console design, to hardware and software technologies. The second agreement is the “Cross-Industry Cooperation Agency Agreement,” where both parties will carry out joint marketing activities targeting Tencent’s user base, encompassing events such as gaming competitions, user gatherings, talent shows, and other offline activities. On the same day, EShallGo also signed a sales agreement for one thousand cloud gaming consoles with Beijing Liuliuqiu Cultural Development. The two parties will collaborate to develop cloud gaming console products that support multiple cloud gaming services. At the same time, the cooperative product will closely collaborate with cloud gaming ecosystems such as Migu Quick Gaming, Tencent START Cloud Gaming, Tencent Pioneer Cloud Gaming, Microsoft Xcloud, and GeForce Now, jointly promoting the development of the cloud gaming industry.