Huakai Yibai Technology Co.,Ltd. signed a cooperation framework agreement to acquire Shenzhen TOMTOP Technology Co., Ltd. from Yiwu Huading Nylon Co.,Ltd. for CNY 100 million.
December 05, 2023
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Huakai Yibai Technology Co.,Ltd. (SZSE:300592) signed a cooperation framework agreement to acquire Shenzhen TOMTOP Technology Co., Ltd. from Yiwu Huading Nylon Co.,Ltd. (SHSE:601113) for CNY 100 million on December 6, 2023. The transaction was approved by the Board of Directors of Yiwu Huading Nylon.
Huakai Yibai Technology Co Ltd, formerly Hunan Huakai Cultural and Creative Co Ltd, is a China-based company mainly engaged in cross-border e-commerce services. The Company operates three segments. Cross-border Export E-commerce Business segment mainly provides supply and sales of auto parts, industrial and commercial supplies, home gardening, outdoor sports and other products through third-party platforms such as Amazon, ebay, Wish and other online platforms. Space Environment Art Design segment provides professional services such as art design and architectural decoration for interior spaces. Others segment is engaged in other business support services.
Huakai Yibai Technology Co.,Ltd. signed a cooperation framework agreement to acquire Shenzhen TOMTOP Technology Co., Ltd. from Yiwu Huading Nylon Co.,Ltd. for CNY 100 million.
HUAKAI YIBAI TECHNOLOGY CO.,LTD. 
