AiXin Life International, Inc. acquired Chengdu Aixin Shangyan Hotel Management Co., Ltd from Quanzhong Lin and Yirong Shen for CNY 7.6 million.
November 29, 2021
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AiXin Life International, Inc. (OTCPK:AIXN) entered into an Equity Transfer Agreement to acquire Chengdu Aixin Shangyan Hotel Management Co., Ltd from Quanzhong Lin and Yirong Shen for CNY 7.6 million on May 25, 2021.
AiXin Life International, Inc. (OTCPK:AIXN) completed the acquisition of Chengdu Aixin Shangyan Hotel Management Co., Ltd from Quanzhong Lin and Yirong Shen in July 2021.
AiXin Life International Inc, formerly Mercari Communications Group Ltd, is a holding company mainly engaged in the provision of health and wellness products. The Company operates its business through four segments, Products, Pharmacies, Hotel, and Manufacture and Sales. The Company mainly develops, manufactures, markets and sells healthcare, nutritional products and wellness supplements, including herbs and greens, traditional Chinese remedies, functional products, such as weight management products, probiotics, foods and drinks. The Companyâs hotel business includes rental of rooms, food and beverage sales and other ancillary goods and services, including but not limited to souvenir, parking and conference reservations. The Company also provide advertising and marketing services.