Liaoning Shuiyun Qinghe Rice Industry Co., Ltd. (OTCPK:SYQH) signed letter of intent to acquire Beautiful Home Intelligent Technology (Beijing) Co., Ltd. for $40 million on October 1, 2023. Liaoning Shuiyun Qinghe Rice Industry Co., Ltd. will enter into a definitive agreement for the transaction within 30 days of the date of the letter intent and close the transaction on or before December 31, 2023, subject to satisfactory due diligence of both the Liaoning Shuiyun Qinghe Rice Industry Co. and Beautiful Home.