News & Events zu Youxin Technology Ltd (YAAS)YAASYouxin Technology Ltd

Youxin Technology Approves 1-for-5 Share Consolidation

Youxin Technology's board of directors has approved a share consolidation of the company's Class A ordinary shares at a ratio of one-for-five, with an expected market effective date of July 30. The objective of the share consolidation is to increase the per-share trading price of the company's Class A ordinary shares and provide the company with greater flexibility to support the continued listing and marketability of its securities. Beginning with the opening of trading on July 30, the company's Class A ordinary shares will trade on the Nasdaq Capital Market on a split-adjusted basis under the same symbol YAAS but under a new CUSIP Number, G9876W138. The share consolidation will reduce the number of the company's Class A ordinary shares issued and outstanding from approximately 33.8M to approximately 6.8M. The company's Class B ordinary shares are not being consolidated and are not affected by the share consolidation.

Youxin Technology Enters Cooperation Agreement with Guangzhou for AI Platform

Youxin Technology announced that its operating subsidiary, Guangzhou Youxin Technology, has entered into a cooperation intention agreement with respect to potential ecosystem cooperation for SuiZhiZheng, Guangzhou's city-level government affairs artificial intelligence platform, to explore opportunities to support the platform's ecosystem development. "We are pleased to participate in Guangzhou's SuiZhiZheng ecosystem alongside leading technology companies," said Shaozhang Lin, CEO of Youxin Technology. "Government digital transformation represents an important application area for AI and data technologies, and Guangzhou is currently accelerating the implementation of its 'AI + Government' strategy. This partnership reflects confidence in our data processing expertise and may serve as a meaningful step toward our long-term public sector growth."

Youxin Technology Signs Strategic Investment Term Sheet with RiverBit

Youxin Technology announced that it has signed a non-binding term sheet with RiverBit, pursuant to which the company intends to make a strategic investment in RiverBit and acquire a minority equity interest upon RiverBit's achievement of certain operating milestones. RiverBit is developing a decentralized perpetual contracts trading platform expected to launch in mid-August. The planned platform is designed to support tokenized U.S. equity perpetual contracts, AI Agent-enabled trading strategies, blockchain-based self-custody and 24/7 on-chain trading and settlement capabilities, while seeking to provide continuous market access and price discovery through blockchain infrastructure. Under the non-binding term sheet, RiverBit is expected to reach an average of 2,000 daily users and exceed $100M in daily trading volume within three months after its official launch. Upon RiverBit's achievement of such scale, and subject to milestone achievement, due diligence and definitive agreements, Youxin Technology expects to initiate a strategic investment process to acquire a 10% equity interest in RiverBit on a fully diluted and as-converted basis unless otherwise agreed, based on a pre-agreed valuation of $200M and expected aggregate purchase consideration of $20M. The purchase consideration may be satisfied through the issuance of $20M worth of Youxin Technology Class A ordinary shares, cash, or a combination of both, subject to the terms and conditions of definitive transaction documents. If RiverBit's daily trading volume reaches $1B in the future, the company expects to evaluate participation in RiverBit's next financing round at the then-prevailing market valuation with a priority investment right, subject to the definitive transaction documents. The term sheet does not constitute a binding acquisition or investment commitment, and the proposed transaction remains subject to due diligence, board approval, execution of definitive agreements, applicable regulatory requirements and other customary conditions. Decentralized perpetual exchanges have become one of the fastest-growing sectors of blockchain-based financial infrastructure.