ZYSC plans to spend 25 million yuan to acquire a 20% stake in Anhui Zhongshang Convenience Store Co., Ltd
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According to the Zhitong Finance APP, ZYSC announced that in order to better improve operational efficiency, reduce costs, enhance profitability, lower internal coordination costs, and achieve collaborative development, the company will purchase 20% equity of Anhui Zhongshang Convenience Store Co., Ltd. held by Beijing Innovation Works Venture Capital Center (Limited Partnership) for a negotiated price of 25 million yuan, to be paid in installments after assessment. Upon completion of the purchase, the company will hold 64% equity of Anhui Zhongshang
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