Jiufang Digital (08238) plans to establish a northern regional center in Zhengzhou
According to Zhitong Finance App News, Jiufang Digital Intelligence (08238) announced that the Group completed the acquisition of Henan Zhihui Shenghe Digital Communications Co., Ltd. (Zhihui Shenghe) on July 29, 2026. All applicable percentages related to this acquisition were less than 5%, which did not constitute transactions that the company must report in accordance with Chapter 19 of the Hong Kong Stock Exchange Limited GEM Securities Listing Rules. Following the completion of the acquisition of Zhihui Shenghe, the Group will strategically establish a new regional center (Northern Regional Center) in Zhengzhou, Henan Province, China.
The Group has set up a business base in Shenzhen to serve customers in South China. Its artificial intelligence and all-media precision marketing business is developing rapidly. It has obtained revenue of about HK$80.6 million in the six months ending June 30, 2026, thus verifying the commercial viability of the Group's AI-based all-media precision marketing service model. With the rapid development of artificial intelligence technology and the spread of digital transformation, demand for artificial intelligence and all-media precision marketing services in northern China is growing.
Zhihui Shenghe has been deeply involved in Henan and surrounding provinces and cities for many years. It has established a stable local customer network and media resource channels, and has a deep understanding of the market environment, customer needs and industry trends in the northern region. Through this acquisition, the Group can directly obtain Zhihui Shenghe's local business foundation, greatly shortening the preparation time and costs required to start a business from scratch in the northern market. At the same time, the Group can empower Zhihui Shenghe's existing customer base with proven artificial intelligence technology capabilities and all-media accurate marketing solutions for the Shenzhen business, thus achieving synergy between technology output and customer monetization.
With these advantages, the Northern Regional Center will serve as the Group's core hub for the North China market, aiming to better serve existing local customers, develop potential customer resources, and replicate the successful experience of the Shenzhen business to the wider northern market.
The Northern Regional Center will strive to: 1. Deepen the application of artificial intelligence technology in the field of precision marketing to provide customers with more efficient and intelligent all-media marketing solutions; 2. Seize the huge business opportunities in the northern China market and expand the Group's market share and brand influence; and 3. Leveraging the synergy brought about by the acquisition of Zhihui Shenghe to optimize resource allocation, with the aim of enhancing the Group's overall profitability.
The board of directors believes that the establishment of the Northern Regional Center is in line with the Group's core strategy of deepening digital marketing and the application of artificial intelligence technology. The Group plans to invest appropriate capital and resources, focusing on the operation team building, technical empowerment and market expansion of the Northern Regional Center, and actively developing customer resources in northern China, thereby broadening the Group's business map, and is expected to create long-term value for the company and its shareholders.