According to CoinMeta, Youa Co., Ltd. announced that the company intends to purchase 100% of the equity of Shenzhen Shangyangtong Technology Co., Ltd. from 37 parties, including Jiang Rong, Jiang Feng, Xiao Sheng'an, Shenzhen Zishu Management Consulting Partnership (Limited Partnership), and Shenzhen Qingshu Investment Partnership (Limited Partnership), by issuing shares and paying cash, while also raising matching funds. On November 12, 2026, the Merger and Acquisition Review Committee of the Shenzhen Stock Exchange held its 19th meeting of the year to review this transaction, and the result was that the transaction met the requirements for restructuring and information disclosure. The company still needs to obtain approval from the China Securities Regulatory Commission before it can proceed with this transaction.