Raycloud plans to acquire 100% equity of Yitao for 200 million yuan, primarily engaged in e-commerce application management system business

According to the announcement from Zhitong Finance APP, Raycloud (688365.SH) plans to acquire 100% equity of Yitao (Shandong) Investment Management Co., Ltd. (referred to as "Yitao") for a cash price of 200 million yuan.

The announcement shows that the target company is engaged in the business of e-commerce application management systems, mainly providing services such as procurement ordering, distribution agency, product management, and order management for e-commerce clients. The main business products are One-Click Ordering, Yizhanggui, and Zhang Fei Moving. The former provides distribution order automation capabilities for distribution-type merchants, while the latter offers batch management capabilities for distribution products. The two work in synergy to help e-commerce platform merchants connect with domestic supply chain platforms, primarily based on the 1688 platform, to quickly find and publish quality distribution products in bulk, as well as automate the synchronization of distribution orders to supply chain manufacturers, efficiently completing transaction fulfillment.

The announcement states that through this transaction, the company integrates the relatively mature supply chain and distribution management software products of the target company, further enriching the company's product matrix and extending its services to e-commerce clients in the procurement and supply chain management aspects, with good product synergy effects between the two parties in terms of product lines