Huitongda Acquires Boundary Consulting to Boost Service Revenue and AI Capabilities
Huitongda Network $(09878)$ has entered into an agreement to acquire a 57% equity interest in Boundary Consulting, an AI SaaS company specializing in e-commerce and retail technology, for RMB 456 million. Following the acquisition, Boundary Consulting will become a subsidiary of Huitongda, and its financial results will be consolidated into Huitongda's financial statements. This move is expected to enhance Huitongda's service revenue, improve its overall gross profit margin, and strengthen its "5+ Empowerment" strategy by integrating advanced technology, supply chain resources, and e-commerce expertise. Boundary Consulting's revenue targets for 2026, 2027, and 2028 are set at no less than RMB 85 million, RMB 100 million, and RMB 115 million, respectively.
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