Jiangsu Easypark to acquire China Senior Living Industry International

13 hours ago 1

Jiangsu Easypark Intelligent Technology announced on Friday that it has entered into a definitive agreement to acquire China Senior Living Industry International (OTC:CHYL).
Upon completion, Jiangsu Easypark intends to consolidate its core assets into CHYL, creating a strengthened entity well-positioned to capitalize on growing global demand for smart city infrastructure.
As part of the post-transaction integration plan, CHYL's board of directors will be restructured. Jin Weiming is expected to be appointed as chief executive officer, assuming full executive leadership of the combined company.
CHYL is -0.0% to $0.1.
Source: Press Release