Yishang Travel Co., Ltd. completed the acquisition of 77.66% in Beijing Liantuo Tianji E-Commerce Co., Ltd. from Yotrio Group Co., Ltd..
December 21, 2021
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Yishang Travel Co., Ltd. agreed to acquire 77.66% in Beijing Liantuo Tianji E-Commerce Co., Ltd. from Yotrio Group Co., Ltd. (SZSE:002489) for CNY 19.1 million on December 22, 2020. As of December 31, 2019, Beijing Liantuo Tianji E-Commerce Co., Ltd. recorded total assets of CNY 472.17 million, net assets of CNY 236.85, revenue of CNY 611.23, net loss of CNY 408.77. As of November 30, 2020, Beijing Liantuo Tianji E-Commerce Co., Ltd. recorded total assets of CNY 233.64 million, net assets of CNY 180.93, revenue of CNY 458.32, net loss of CNY 55.92.
Yishang Travel Co., Ltd. completed the acquisition of 77.66% in Beijing Liantuo Tianji E-Commerce Co., Ltd. from Yotrio Group Co., Ltd. (SZSE:002489) on December 22, 2021. Which is an estimated date.
YOTRIO GROUP CO., LTD is a China-based company principally engaged in the design, research, development, manufacture and distribution of outdoor furniture and products. The Companyâs main products include outdoor furniture, sunshade series products, tent series products. The Company's products are mainly used in home gardens and terraces, outdoor leisure venues, hotels and other places. The Company is also involved in air ticket distribution, travel distribution and travel agency operation businesses. The Company distributes its products in domestic market and to overseas markets.