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Scienjoy acquires 29.9% of Leader Education stake

PUBLIC · SJSep 03, 2026•5 days ago

Acquiring Company

Scienjoy Holding Corporation

Acquired Company

Leader Education Limited

BeijingHeilongjiangOtherSoftwareMedia And EntertainmentArtificial IntelligenceEducation

Description

Scienjoy Holding Corporation has announced its intention to acquire a 29.9% stake in Leader Education Limited for approximately US$13.1 million. The acquisition involves purchasing 239,234,000 ordinary shares from the controlling shareholder, Shuren Education Limited. The transaction is expected to close within five business days after all conditions are satisfied.

Company Information

Company

Scienjoy Holding Corporation

Location

Beijing, China

About

Founded in 2011, Scienjoy is a leading mobile livestreaming platform in China, and its core mission is to build a livestreaming service ecosystem to delight and entertain users. With approximately 250 million registered users, Scienjoy currently operates four livestreaming platform brands, including Showself, Lehai, Haixiu, and BeeLive, which features both the Mifeng Chinese version and BeeLive International version. Scienjoy uniquely combines a gamified business approach to livestreaming, in-depth knowledge of the livestreaming industry, and cutting-edge technologies such as blockchain, augmented reality (AR), virtual reality (VR), and big data, to create a unique user experience. Scienjoy is devoted to building a livestreaming Metaverse to provide users with the ultimate immersive experience, a social media network that transcends time and space, a digital community that spans virtual and physical reality, and a content-rich ecosystem. For more information, please visit http://ir.scienjoy.com/.

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Frequently asked

Who acquired Leader Education Limited?

Leader Education Limited was acquired by Scienjoy Holding Corporation, based in Beijing. The deal was reported on September 3, 2026. Founded in 2011, Scienjoy is a leading mobile livestreaming platform in China, and its core mission is to build a livestreaming service ecosystem to delight and entertain users. Scienjoy Holding Corporation is publicly traded (SJ) and operates in Other.

When did Scienjoy Holding Corporation acquire Leader Education Limited?

Scienjoy Holding Corporation's acquisition of Leader Education Limited was reported on September 3, 2026. Scienjoy Holding Corporation has announced its intention to acquire a 29.9% stake in Leader Education Limited for approximately US$13.1 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Leader Education Limited do?

Leader Education Limited is a private formal higher education service provider ranked among the top institutions in Heilongjiang Province. It operates various educational institutions including vocational schools. It is privately held, operating in Education, and is based in Heilongjiang.

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