AcquisitionsJun 1, 2026, 08:56 AM
iHuman Acquires All Knowledge & Perfect Lingo for RMB94M; Appoints Co-CEO, CSO
AI Summary
iHuman Inc. announced the acquisition of businesses and assets related to two educational products, All Knowledge and Perfect Lingo, for an aggregate consideration of RMB94.0 million. The acquisitions are subject to potential two-way price adjustments and contingent earn-out payments based on financial conditions over the next three years. Concurrently, the company appointed Mr. Teng Li as Co-Chief Executive Officer and Ms. Congyu Lin as Chief Strategy Officer, effective upon closing of the transactions, to support its business development and strategic vision.
Key Highlights
- iHuman Inc. acquired businesses and assets related to All Knowledge and Perfect Lingo.
- Aggregate consideration for the acquisitions is RMB94.0 million, subject to adjustments and earn-outs.
- All Knowledge acquisition consideration is RMB67.0 million, potentially adjusted down to RMB51.0 million.
- Perfect Lingo acquisition consideration is RMB27.0 million, potentially adjusted down to RMB21.0 million.
- Sellers may receive contingent earn-out payments of up to RMB29.0 million for All Knowledge and RMB12.0 million for Perfect Lingo.
- Mr. Teng Li was appointed Co-Chief Executive Officer (Co-CEO) of iHuman.
- Ms. Congyu Lin was appointed Chief Strategy Officer (CSO) of iHuman.
Price Impact
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