Fanli Inc. acquired JiangXi ChangJiu Biochemical Industry Co., Ltd. (SHSE:600228) in a reverse merger transaction on April 13, 2021. Fanli used "Fanli Technology" as its stock abbreviation to highlight its technology attribute.

Fanli Inc. completed the acquisition of JiangXi ChangJiu Biochemical Industry Co., Ltd. (SHSE:600228) in a reverse merger transaction on April 13, 2021.