Fushi

Yeahka's Associated Company Fushi to Acquire 60% of Shenzhen Zhizhanggui Cloud Service

Retrieved on: 
Monday, May 10, 2021

b'HONG KONG, May 10, 2021 - (ACN Newswire) - Yeahka Limited (Stock Code: 9923), a leading payment-based technology platform in China, announced that Shenzhen Zhizhanggui Cloud Service Co., Ltd. ("Zhizhanggui") and Shenzhen Leshou Cloud Technology Co., Ltd. ("Leshou"), both indirect wholly-owned subsidiaries of Yeahka, have entered into a non-legally binding memorandum of understanding with Fushi Technology (Shenzhen) Co., Ltd. ("Fushi"), an associated company of Yeahka which the Company holds approximately 47.58% equity interests in aggregate through its indirect subsidiaries, in relation to the potential disposal of 60% Zhizhanggui\'s equity interests by Leshou to Fushi (the "Potential Disposal").

Key Points: 
  • b'HONG KONG, May 10, 2021 - (ACN Newswire) - Yeahka Limited (Stock Code: 9923), a leading payment-based technology platform in China, announced that Shenzhen Zhizhanggui Cloud Service Co., Ltd. ("Zhizhanggui") and Shenzhen Leshou Cloud Technology Co., Ltd. ("Leshou"), both indirect wholly-owned subsidiaries of Yeahka, have entered into a non-legally binding memorandum of understanding with Fushi Technology (Shenzhen) Co., Ltd. ("Fushi"), an associated company of Yeahka which the Company holds approximately 47.58% equity interests in aggregate through its indirect subsidiaries, in relation to the potential disposal of 60% Zhizhanggui\'s equity interests by Leshou to Fushi (the "Potential Disposal").
  • Jointly with Fushi, Yeahka will continue to strengthen its SaaS portfolio and remain committed to establishing a commercial digitalized ecosystem.\nYeahka Limited is a leading payment-based technology platform in China providing payment and technology-enabled business services to merchants and consumers.
  • The Company was listed on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") in June 2020 under the stock code "09923.HK".
  • The Company\'s value proposition is to create a commercial digitalized ecosystem that enables seamless, convenient and reliable payment transactions between merchants and consumers and further offer a rich variety of technology-enabled business services, including (i) merchant SaaS products, which help customers improve their operational efficiency, (ii) precision marketing services, allowing customers to effectively reach their target markets, and (iii) fintech services, which cater to customers\' diverse financial needs.\n'

Yeahka's Portfolio Company Fushi Technology Completes US$15 Million Series A+ Funding

Retrieved on: 
Tuesday, March 23, 2021

HONG KONG, March 23, 2021 /PRNewswire/ -- YEAHKA LIMITED ("Yeahka" or the "Company", stock code: 9923.HK), aleading payment-based technology platform in China, is pleased to announce today that Fushi Technology (Shenzhen) Co., Ltd ("Fushi Technology"), a key member of the Company's merchant SaaS product portfolio, together with ABC International Holdings Limited ("ABC International") and Cowin Capital, have reached investment intention on Fushi Technology's Series A+ funding.

Key Points: 
  • HONG KONG, March 23, 2021 /PRNewswire/ -- YEAHKA LIMITED ("Yeahka" or the "Company", stock code: 9923.HK), aleading payment-based technology platform in China, is pleased to announce today that Fushi Technology (Shenzhen) Co., Ltd ("Fushi Technology"), a key member of the Company's merchant SaaS product portfolio, together with ABC International Holdings Limited ("ABC International") and Cowin Capital, have reached investment intention on Fushi Technology's Series A+ funding.
  • In less than 2 months after raising more than RMB100 million in Series A funding in February this year, Fushi Technology has again secured another capital funding, demonstrating the advantages of Fushi Technology's SaaS digitalized platform and the substantial development prospect of the merchant services market.
  • Founded in 2016, Fushi Technology strives to become China's largest one-stop digitalized platform for merchants.
  • Earlier in 2019, Yeahka invested in Fushi Technology through its indirectly wholly owned subsidiary, Shenzhen Qianhai Saosao Technology Co., Ltd and RYK Capital Partners Limited.

Yeahka's Portfolio Company Fushi Technology Completes US$15 Million Series A+ Funding

Retrieved on: 
Tuesday, March 23, 2021

HONG KONG, March 23, 2021 /PRNewswire/ -- YEAHKA LIMITED ("Yeahka" or the "Company", stock code: 9923.HK), aleading payment-based technology platform in China, is pleased to announce today that Fushi Technology (Shenzhen) Co., Ltd ("Fushi Technology"), a key member of the Company's merchant SaaS product portfolio, together with ABC International Holdings Limited ("ABC International") and Cowin Capital, have reached investment intention on Fushi Technology's Series A+ funding.

Key Points: 
  • HONG KONG, March 23, 2021 /PRNewswire/ -- YEAHKA LIMITED ("Yeahka" or the "Company", stock code: 9923.HK), aleading payment-based technology platform in China, is pleased to announce today that Fushi Technology (Shenzhen) Co., Ltd ("Fushi Technology"), a key member of the Company's merchant SaaS product portfolio, together with ABC International Holdings Limited ("ABC International") and Cowin Capital, have reached investment intention on Fushi Technology's Series A+ funding.
  • In less than 2 months after raising more than RMB100 million in Series A funding in February this year, Fushi Technology has again secured another capital funding, demonstrating the advantages of Fushi Technology's SaaS digitalized platform and the substantial development prospect of the merchant services market.
  • Founded in 2016, Fushi Technology strives to become China's largest one-stop digitalized platform for merchants.
  • Earlier in 2019, Yeahka invested in Fushi Technology through its indirectly wholly owned subsidiary, Shenzhen Qianhai Saosao Technology Co., Ltd and RYK Capital Partners Limited.