Cre8 Direct Ningbo Co LtdCre8 Direct is acquiring a 90% stake in Chuangku Future for 83.51 million yuan, a strategic M&A deal.

Cre8 Direct announced plans to acquire a 90 percent stake in Zhejiang Chuangku Future Cultural and Creative Company for 83.5079 million yuan. The counterparties are Ningbo Kulechao Play and its actual controller Wu Shengfeng. The target company has completed the business handover of 31 store assets and operations teams, with audited simulated net profit of 11.5983 million yuan for 2025. Ningbo Kulechao Play is a leading domestic retailer of trendy toys and cultural creative sundries, with over 300 offline stores covering major first-tier, second-tier, and core third-tier cities.
Cre8 Direct Ningbo Co LtdCre8 Direct is acquiring a 90% stake in Chuangku Future for 83.51 million yuan, a strategic M&A deal.
Profit Cultural & Creative Group Co LtdTarget company of the acquisition, with audited net profit of 11.6 million yuan for 2025.
Counterparty selling the stake, a leading trendy toy retailer with over 300 stores.