TYM plans to acquire 100% equity of Xingyun Kaiwu and will resume trading tomorrow
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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
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