Yaxia shares 150 million mergers and acquisitions dazzle network into the home improvement 3D design

On the evening of October 27, Yaxia shared announced that it has entered into a cooperation agreement with its actual controller’s son, Ding Zecheng, as well as Zhu Jinyu, Zhang Mingli, Zhou Heng, and other eight shareholders of Shenzhen Xuanwei Network Technology Co., Ltd. Under this agreement, the company and the shareholders will use their own funds to acquire 70.4119% of Xuanwei Network's shares for a total of 150 million yuan. The company's stock will resume trading on October 28. Among the transaction details, Zhejiang Future Plus E-Commerce Co., Ltd., a wholly-owned subsidiary of Yaxia, acquired 56.2150% of Xuanwei Network through a capital increase. Meanwhile, Ding Zecheng purchased an additional 14.1969% of the shares by contributing 302.439 million yuan in capital. This brings the total ownership stake in Xuanwei Network to 70.4119%. According to reports, Xuanwei Network is a national high-tech enterprise specializing in 3D technology and internet application services. It has been focusing on the pan-home industry, including real estate, home design, and building materials, offering comprehensive solutions for sales, design, display, and ordering. By leveraging innovative and scientific models, the company aims to optimize work habits, consumption patterns, and even lifestyles within the home and real estate sectors. The IDesignHome software developed by Xuanwei Network includes features such as 3D weak and strong power design, graphic design, interior design, fast 3D rendering, product library modeling, and automatic generation of engineering quantity and cost. It also integrates ERP and CRM systems, making it a leading solution in China used by many large-scale home improvement enterprises. Additionally, Shenzhen Decoration Art Decoration Co., Ltd., a subsidiary of Xuanwei Network, applies high-tech and internet-based approaches to the traditional home industry. It promotes the concept of "integrated home," combining furniture, appliances, accessories, and housekeeping services into a family-centered ecosystem. With highly standardized options, it offers dozens of combinations to meet diverse consumer preferences. By adopting a B2B model with centralized marketing, the company creates a scale effect. It uses its self-developed 4D display software (Shocking) and hardware (Hyun Digital Display System) to provide customers with immersive digital experiences. The IAS internal management system ensures efficient project design, procurement, and construction, guaranteeing quality and timely delivery. Yaxia stated that this acquisition not only allows the company to enter the home improvement sector but also complements its existing technologies, such as BIM, Wanan smart home, and Yingchuang 3D printing. This move aligns with the company’s technology-driven strategy, aiming to expand into household consumption, family services, and family financial services.

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