--- title: "TYM plans to acquire 100% equity of Xingyun Kaiwu and will resume trading tomorrow" type: "News" locale: "en" url: "https://longbridge.com/en/news/245705779.md" description: "TYM plans to acquire 100% equity of Xingyun Kaiwu through the issuance of shares and cash payment. Upon completion of the transaction, Xingyun Kaiwu will become a wholly-owned subsidiary. The company's stock will resume trading on June 24, 2025. This transaction will promote synergies between both parties in areas such as the industrial chain, technology research and development, and market expansion, further enhancing the company's business capabilities and profitability in the field of digital services for smart self-service devices" datetime: "2025-06-23T12:32:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/245705779.md) - [en](https://longbridge.com/en/news/245705779.md) - [zh-HK](https://longbridge.com/zh-HK/news/245705779.md) --- # TYM plans to acquire 100% equity of Xingyun Kaiwu and will resume trading tomorrow According to the Zhitong Finance APP, TYM (301178.SZ) announced that the company intends to purchase 100% equity of Xingyun Kaiwu held by Chen Genghao and 21 other trading parties through the issuance of shares and cash payment. Upon completion of this transaction, Xingyun Kaiwu will become a wholly-owned subsidiary of the company and will be included in the company's consolidated financial statements. The company's stock will resume trading on June 24, 2025 (Tuesday) at the market opening. The target company is a provider of digital services for intelligent self-service equipment, focusing on providing integrated solutions of "IoT smart hardware + SaaS cloud platform," dedicated to achieving IoT communication and digital upgrades for intelligent self-service devices. Through this transaction, the listed company and the target company will generate complementary and synergistic effects in aspects such as industrial chain layout, technology research and development, market expansion, and product iteration. On one hand, the listed company will further expand its business in the field of digital services for intelligent self-service equipment, achieving a deep layout around information technology services, forming a dual-driven development model, and further enhancing the company's performance growth; on the other hand, the listed company will be able to expand its research and development capabilities in digital services for intelligent self-service equipment, continuously improve the company's industrial chain layout, meet more application scenarios and diverse customer needs, expand the overall sales scale of the company, further enhance sustainable profitability and core competitiveness, and safeguard the interests of all shareholders ### Related Stocks - [301178.CN](https://longbridge.com/en/quote/301178.CN.md) ## Related News & Research - [China’s Jinlihua Electric Soars by Limit After Unveiling Plan to Foray Into Commercial Aerospace Field](https://longbridge.com/en/news/287036981.md) - [Flow Pharma U.S. Patent Application Allowed for Issuance Covering Broad-Spectrum Ebola Therapy](https://longbridge.com/en/news/287076761.md) - [UTG Chairman and CEO Jesse T. Correll buys 4,850 shares for $266,556.00](https://longbridge.com/en/news/287109106.md) - [Europe-China spacecraft launches to study Earth's 'invisible armour'](https://longbridge.com/en/news/286881963.md) - [US working with small biotech firm on experimental Ebola treatment, Bloomberg News reports](https://longbridge.com/en/news/287108072.md)