Tong Tuo technology is a cross-border e-commerce company, operating a range of products including clothing, outdoor and other dozens of categories, hundreds of thousands of commodities, and the recent 100 yuan pants industry has invested 90 million yuan to gain 9% of the equity of Tuo Tuo technology.

Today's midday announcement, the company intends to invest 90 million yuan in its own way to invest in Shenzhen Tong Tuo Technology Co., Ltd. through the way of capital increase, and get 9% of the equity of Tong Tuo technology.

Notice that the investment is to extend the company's strategic layout in the field of cross-border electricity supplier integrity.

According to the announcement,

It is a cross border e-commerce company based on "pan supply chain and pan channel" mode. It is committed to selling high-quality Chinese supply chain products through eBay, Amazon, fast selling, Dunhuang, Wish, TOMTOP own websites and other channels.

Our products range from game accessories, computer accessories, mobile phone accessories, home, health / beauty, automotive accessories, photographic equipment, video and video, laser /LED,

Toys, outdoor and other dozens of categories, hundreds of thousands of goods.

The acquisition was completed by the cooperation between the company and the Zhuhai annex Internet equity acquisition and investment fund company, which gave the valuation of Tuotuo technology 1 billion yuan. The basis is that it is estimated that the net profit of Tong Technology and related related enterprises in 2015 will be no less than 100 million yuan, and the Dongtong technology stock company also promises that its net profit in 2015 will not be less than 100 million yuan, and the net profit in 2016 will not be less than 200 million yuan. The business income of Tong Technology and related related enterprises in 2015 will not be less than 1 billion 500 million yuan.