On the evening of February 26, 2021, KAIYUN announces that its wholly-owned subsidiary KAIYUN Group Limited (KAIYUN Group) plans to purchase Star Group Interactive Inc. (Star Group); shareholders hold 60.65% of equity, and the transaction price is considered to be about 1.394 billion yuan.

Once the transaction is completed, KAIYUN will hold 60.65% of Star Group's common stock through KAIYUN Group, and will hold 19.35% of Star Group's preferred stock through its holding subsidiary Opera Limited, and will hold a total of 80% of Star Group shares.

At the same time, KAIYUN will also add a new business segment based on the existing four major businesses, including Opera, Xianlaihuyu, GameArk Games, the technology equity investment arm as well as Star Group.

After the completion of this transaction, KAIYUN and the target company can make better use of data analysis, user insights, operation and management capabilities accumulated over the years, and better learn from each other's experience both in Chinese and overseas internet product development, and realize the synergistic effect of "game + social audio + content distribution" product integration, and seize further opportunities in global internet development.