Meiwu Technology agrees to buy Xiamen Hemeitong for RMB 23.52 million cash
WNW•Strategic rationale
The deal aims to expand MOBO App adoption via the target’s client base, accelerating data collection to refine AI-driven skincare and e-commerce tools.
Valuation and target business
An independent valuation pegged Xiamen Hemeitong’s equity value at RMB 239.41 million as of June 30, 2026.
The target operates a functional skincare distribution network across southern and eastern China, covering about 1,600 brand owners, retailers and beauty salons.
Meiwu Technology unit to acquire Xiamen Hemeitong
Meiwu Technology’s unit Xiamen Chunshang agreed to buy 100% of Xiamen Hemeitong from its shareholders.
Cash consideration was set at RMB 23.52 million, with closing subject to customary conditions.
