Stories from China

Italian gaming giant Digital Bros has completed the acquisition of the full intellectual property for the soulslike action RPG 'Wuchang: Fallen Feathers'. The subsidiary 505 Games purchased the rights from Chengdu-based Leenzee Technology for 32 million RMB. The deal includes all rights to the title. The acquisition price was 32 million yuan and the seller was identified as Chengdu-based Leenzee Technology. The acquisition by 505 Games was for 32 million RMB and involved the IP for 'Wuchang: Fallen Feathers' from Leenzee Technology in Chengdu. The acquisition aims to expand the company's dermatology-related product matrix and market synergy. This acquisition follows previous interest in the title by other international firms. Italian publishing giant Digital Bros announced the acquisition of the action RPG 'Mingmo: Abyss of Feather' via its subsidiary 505 Games.

The fund has reached a milestone in capital inflows. Data shows the fund's shareholding in certain stocks has reached 29.06%, approaching the 30% threshold.

Lin Xin, a judicial assistant at the Beijing Third Intermediate People's Court, stated that there is a lack of clear standards for defining personnel with confidentiality obligations. These rules, which include strict adherence to company appearance standards, result in a half-day's wage deduction for a single violation. The ruling also addressed the calculation of compensation for work-related injuries, stating it is based on 300% of the employee's daily wage. The ruling also addresses whether company welfare benefits can be converted to cash compensation. A Beijing court is examining the legality of certain company regulations that impose penalties on employees. A company in Beijing's Haidian District has implemented strict rules, including deductions for forgetting work badges, exceeding bathroom breaks by 10 minutes, or not adhering to dress codes.

Excavators were observed operating on land in the Yidong region suspected of illegal construction without proper permits.

Villagers in Yidong County are holding land certificates that incorrectly identify plots as basic farmland. The error stems from a lack of data sharing between natural resources and agricultural departments during a 2018 earthquake. Yidong County Magistrate Fu Wei acknowledged work loopholes in the original certification process. The county government plans to conduct a county-wide investigation to identify remaining errors. Natural resources and agricultural departments in Yidong County failed to share data, causing rural land contract certificates to incorrectly list land as basic farmland. Authorities plan to implement measures to correct these errors and prevent future project misunderstandings. Villagers in Yongquan Village reported that land was seized in 2018 for a proposed ecological tourism project that has not been built after eight years.

Regulations prohibit the planning and approval of cemetery construction on such land. Villagers report that an ecological source project has resulted in the unauthorized construction of a cemetery on farmland. A renovated columbarium is reportedly being built on land designated for ecological resources rather than modern agriculture. Liu Wanxu stated that the rectification process has been slow and the enterprise may be acting with a sense of luck. Local civil affairs departments stated that most enterprises must complete the conversion of facilities into formal columbaria by the end of July. Any facilities that fail to complete construction will be demolished in accordance with the Land Management Law and Funeral Management Regulations. Officials noted that some enterprises are attempting to evade regulations by conducting private sales.

World champion synchronized swimmer Alexander Maltsev will travel to China for the third stage of the World Cup as a coach. He will coach the mixed duet of Vladimir Pershina and Arina Tumkina. Russian national team head coach Svetlana Romashina described Maltsev as a creative coach and choreographer. Maltsev previously announced his decision to suspend his competitive career to focus on coaching. Valeria Plekhanova achieved a fourth-place result in the technical program at the synchronized swimming World Cup stage currently held in China. Another Russian athlete, Aleksandra Zavyalova, placed fifth in the same competition. The event also featured Russian athlete Alexandra Zavyalova, who placed fifth. The Chinese duo of Wang Zongyuan and Zheng Jiu'en won the men's synchronized 3m springboard gold medal at the World Aquatics Championships.

Beijing has promised to increase the purchase of products from the United States.

Zhao Mingliang, station master of the Beiying Miyun Reservoir Ecological Station, has managed Bird Island for nine years. The Beijing Miyun Reservoir Management Office Ecological Station employs 54 ecological stewards to manage bird habitats. The Beijing Ecological Station has proposed enhancing monitoring capabilities through a long-term expert tracking team.

The third Yiwu International Fashion Accessory Fair opened for a three-day period. Most existing clients for the business are located in the Middle East, with interest from Iraq, Denmark, and Turkey. Singaporean buyer Huang Dawen noted the industry's innovation and new product models. The event features creative new products with high aesthetic design. The exhibition is located in Yiwu, Zhejiang province. The Yiwu International Trade City hosts 5,400 video merchants, with upstream video accessory merchants accounting for over 30% of the total. One accessory merchant reported maintaining a stock of over 100,000 different parts within a 150-square-meter space. Exhibitors are reportedly focusing on original designs and deep customization to meet market demand. Upstream video accessory merchants account for over 30 percent of these businesses.