Scienjoy Holding Corporation (NasdaqCM:SJ) Signed Memorandum of Understanding to acquire 90% stake in NUJOOM ALMASHREQ MEDIA L.L.C on September 28, 2023. As of October 7, 2023, Scienjoy Verse Tech Ltd entered into a share acquisition agreement with a third party to pursuant 90% equity in SJ Verse (formerly name as ?Nujoom Almashareq Media L.L.C?) for a consideration of $1,000 (RMB 7,100). The Company believes the SJ Verse acquisition will help to explore oversea market.