Youxin Technology (YAAS) announced that on September 22, 2025, the Company entered into a definitive agreement with Celnet Technology Co., Ltd., a provider of information integration and management solutions for businesses and the largest Salesforce.com partner in China , to acquire 51% of the equity interests in Celnet. This acquisition is a critical initiative of Youxin Technology to expand its enterprise SaaS capabilities, strengthen AI-driven innovation, and accelerate its growth in customer relationship management services. Pursuant to the Agreement, the Company agrees to acquire 51% of the equity interests in Celnet in consideration of the sum of RMB 5,236,680 in cash (approximately $736,461), plus equity and cash incentives (upon the achievement of performance targets), subject to certain terms.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on YAAS:
- Youxin Technology Adjusts Warrant Exercise Price Amid Shareholder Activity
- Youxin Technology Ltd Completes $5 Million Public Offering
- Morning News Wrap-Up: Friday’s Biggest Stock Market Stories!
- Why Is Youxin Technology Stock (YAAS) Down 70% Today?
- Youxin Technology prices 21.4M units at 28c in underwritten public offering
