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IINX to Acquire Dalian Huagang in Strategic Logistics Move

PRIVATEJan 18, 2024

Acquiring Company

Ionix Technology

Acquired Company

Dalian Huagang Logistics Park Ltd

Dalian CityDalian CityTransportationSupply Chain ManagementLogisticsLogistics

Description

Ionix Technology Inc (IINX) has announced its definitive agreement to absorb Dalian Huagang Logistics Park Co., Ltd., marking a significant expansion in its operational footprint. The acquisition signifies the company's full control and ownership of Dalian Huagang, a key player in the logistics sector.

Quick answer

Ionix Technology is acquiring Dalian Huagang Logistics Park Ltd, announced January 18, 2024. Ionix Technology is based in Dalian City, Liaoning, China.

How much did Ionix Technology pay for Dalian Huagang Logistics Park Ltd?
The deal value was not disclosed.
What does Ionix Technology do?
Ionix Technology Inc (IINX) is a company with a significant operational footprint in the logistics sector.
Where are Ionix Technology and Dalian Huagang Logistics Park Ltd based?
Ionix Technology is based in Dalian City, Liaoning, China. Dalian Huagang Logistics Park Ltd is based in Dalian City, Liaoning, China.

Source: Fundz verified event record.

Other recent acquisitions in Transportation and Supply Chain Management

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Ionix Technology

Location

Dalian City, Liaoning, China

About

Ionix Technology Inc (IINX) is a company with a significant operational footprint in the logistics sector. The company's CEO, Li Cheng, revealed that the acquisition of Dalian Huagang Logistics Park Co., Ltd. marks a strategic expansion and signifies full control and ownership of a key player in the logistics sector.

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Frequently asked

Who acquired Dalian Huagang Logistics Park Ltd?

Dalian Huagang Logistics Park Ltd was acquired by Ionix Technology, based in Dalian City. The deal was reported on January 18, 2024. Ionix Technology Inc (IINX) is a company with a significant operational footprint in the logistics sector. The company's CEO, Li Cheng, revealed that the acquisition of Dalian Huagang Logistics Park Co., Ltd. Ionix Technology is privately held and operates in Transportation.

When did Ionix Technology acquire Dalian Huagang Logistics Park Ltd?

Ionix Technology's acquisition of Dalian Huagang Logistics Park Ltd was reported on January 18, 2024. Ionix Technology Inc (IINX) has announced its definitive agreement to absorb Dalian Huagang Logistics Park Co., Ltd., marking a significant expansion in its operational footprint. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Dalian Huagang Logistics Park Ltd do?

Dalian Huagang Logistics Park Co., Ltd. is a subsidiary of Dalian Huagang Cross-Border E-Commerce Trade Co., Ltd., and represents significant personal investments from Liu Yubao, a principal shareholder in IINX. It is privately held, operating in Logistics, and is based in Dalian City.

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