Bilibili announces equity investment in huanxi media

Bilibili announces equity investment in huanxi media.bilibili inc - entered into a definitive subscription agreement ( "subscription agreement") with huanxi media group limited.bilibili inc - upon completion of this transaction, company will beneficially own approximately 9.90% of total enlarged share capital of huanxi media.bilibili- will subscribe for 346.63 million newly issued shares of huanxi at subscription price of hk$1.48 per subscription shares for hk$513.01 million.
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