en.Wedoany.com Reported - Recently, China's Haoyang Shares issued two announcements, one regarding the establishment of a wholly-owned subsidiary in the Netherlands, and the other concerning the acquisition of a 66.67% stake in the Netherlands-based Follow-Me Holding B.V. by its wholly-owned subsidiary. Both investments are centered around the company's overseas business layout, aiming to further advance its globalization strategy.

To optimize the company's strategic layout and enhance its overall competitiveness and profitability, Haoyang Shares plans to use its own funds of €10,000 to establish a wholly-owned subsidiary in the Netherlands, named Golden Sea Holdings B.V. (subject to final approval and registration by local authorities).

According to the announcement, the subsidiary has a registered capital of €10,000, with its registered address located in Schiphol, the Netherlands. The company type is a private limited liability company, and its business scope includes financial and holding activities, covering equity investment, fund management, financing guarantees, group enterprise coordination management, and intellectual property management. The funding source is self-raised capital, contributed in the form of currency.

Haoyang Shares stated that the establishment of this subsidiary aims to coordinate the management of the company's overseas investments and operational entities, integrate industrial resources both domestically and internationally, further improve the company's business layout in the European region, implement the globalization development strategy, and optimize the allocation of global business resources. This investment aligns with the company's medium- and long-term international development plan, is conducive to strengthening the competitiveness of the company's overseas business, promoting long-term stable operations, and fully safeguarding the long-term interests of the company and all its shareholders.

Wholly-Owned Subsidiary Plans to Acquire 66.67% Stake in Follow-Me in the Netherlands

According to the announcement, on June 30, 2026, the company's wholly-owned subsidiary, Haoyang (Hongkong) Investment Holdings, signed a share purchase agreement with the shareholders of Follow-Me Holding B.V. in the Netherlands—Keylight Holding B.V., Wel Ventures B.V., and Erik Berends Beheer B.V.—to acquire a 66.67% stake in Follow-Me for a cash consideration of €2,668,550.

Prior to this transaction, Haoyang (Hongkong) Investment Holdings did not hold any equity in the target company; upon completion of the transaction, it will hold a 66.67% stake in Follow-Me and will consolidate it into the company's financial statements.

After the transaction is completed, Follow-Me will be included in the company's consolidated financial statements. This transaction has been reviewed and approved at the seventh meeting of the fourth board of directors and does not require submission to the shareholders' meeting for approval. It does not constitute a related party transaction nor a major asset restructuring.

The announcement introduces that Follow-Me, headquartered in the Netherlands and established in 2013, is primarily engaged in the research, development, manufacturing, and sales of artist tracking systems for the professional performing arts field, providing manual and automated artist tracking solutions for the global performance industry.

The company's products are compatible with multi-brand lighting consoles and audio-visual equipment, and are used in concerts, theaters, cultural tourism parks, large-scale variety show live broadcasts, and other scenarios. Its customers include global performance rental companies, theaters, cultural tourism parks, and broadcasting production organizations. The products have been applied in projects such as The Rolling Stones, Beyoncé's global tour, the Eurovision Song Contest, and Universal Orlando Resort.

Financial data shows that in the first half of 2026, Follow-Me achieved operating revenue of €1,101,300 and net profit of €200,400; for the full year of 2025, it achieved operating revenue of €2,012,800 and net profit of €407,200.

Haoyang Shares stated that this acquisition aligns with the company's global brand strategy and industrial layout plan. Upon completion of the transaction, the company will supplement its product line with stage intelligent tracking control systems, improve the integrated hardware and software layout for performance equipment, enrich its high-end performance product matrix, further expand customer channels such as global performance rental and cultural tourism theaters, and enhance its overall competitiveness in the global professional performance equipment sector.