# Huakai Yibai Technology completes acquisition of Shenzhen TOMTOP Technology for CNY 490 million

Huakai Yibai Technology Co., Ltd. completed the acquisition of Shenzhen TOMTOP Technology Co., Ltd. from Yiwu Huading Nylon Co., Ltd. for CNY 490 million.

- Type: Acquisition
- Announced: 2024-07-04
- Where: China
- Value: $67.6M (490.0M CNY)
- Status: completed
- Products: internet services

## Companies

- [Huakai Yibai Technology Co., Ltd.](https://endata.com/companies/78427.md) (acquirer)
- [Shenzhen TOMTOP Technology Co., Ltd.](https://endata.com/companies/78428.md) (target)
- [Yiwu Huading Nylon Co., Ltd.](https://endata.com/companies/78429.md) (partner)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/HUAKAI-YIBAI-TECHNOLOGY-C-38988579/news/Huakai-Yibai-Technology-Co-Ltd-completed-the-acquisition-of-Shenzhen-TOMTOP-Technology-Co-Ltd-f-47319715/), 2024-07-03: "Huakai Yibai Technology Co.,Ltd. completed the acquisition of Shenzhen TOMTOP Technology Co., Ltd. from Yiwu Huading Nylon Co.,Ltd."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.