Tencent Increases Stake in Beijing Wangyuan Shengtang Entertainment Technology
Recent changes in the business registration reveal that Beijing Wangyuan Shengtang Entertainment Technology Co., Ltd. has undergone a significant reshuffling of its shareholders. Notably, Shanghai Huan Dian Information Technology Co., Ltd. and Shenzhen Guojin Kaiser Venture Capital Enterprise (Limited Partnership) have exited the shareholder list. In a strategic move, Guangxi Tencent Venture Capital Co., Ltd. has been added as a new shareholder, joining alongside Linzhi Tencent Technology Co., Ltd., which was already a stakeholder.
Founded in July 2009, Beijing Wangyuan Shengtang Entertainment Technology has been a notable player in the tech and entertainment industry. The company, led by Meng Xianming as its legal representative, chairman, and manager, has a registered capital of approximately 14.41 million CNY. Its business scope includes wholesale of computer software and hardware, digital content production services, sales of gaming and entertainment products, development of animation and games, and information consulting services.
The company is widely recognized in the gaming community as the publisher of popular titles like "Gujian" and "Faith of Danschant." The addition of Guangxi Tencent Venture Capital as a shareholder marks a significant investment by Tencent in Beijing Wangyuan Shengtang, suggesting a deepening influence of Tencent in the gaming and tech industry. This move is seen as part of Tencent’s broader strategy to strengthen its position in the market and expand its portfolio in the entertainment technology sector.
Source: Weibo