Joint VentureJul 28, 2026, 06:09 AM
Maison Solutions Forms Maison AI Limited Joint Venture
AI Summary
Maison Solutions Inc. announced the formation of Maison AI Limited, a new private company in Hong Kong, through a joint venture agreement. This new entity will focus on developing and commercializing artificial-intelligence software for grocery retail and supply-chain applications. Maison Solutions' wholly-owned subsidiary, AZLL LLC, will hold approximately 90.09% of the new company, contributing its Drem and WSYQR software systems valued at $2,000,000. Hangzhou Shengxianbao Technology Co., Ltd. and Yiwu Yanghan E-Commerce Firm will each subscribe for approximately 4.96% ownership for $110,000 cash, totaling $220,000 in cash contributions.
Key Highlights
- Maison Solutions forms Maison AI Limited, a Hong Kong joint venture.
- New company to develop AI software for grocery retail and supply chain applications.
- Maison Solutions' wholly-owned subsidiary, AZLL, will hold approximately 90.09% of Maison AI Limited.
- AZLL contributes Drem merchandise-display and WSYQR supply-chain software systems, valued at $2,000,000.
- Hangzhou Shengxianbao Technology and Yiwu Yanghan E-Commerce each acquire approximately 4.96% ownership.
- Each cash subscriber contributes $110,000, totaling $220,000 in cash consideration.
- Cash subscriptions are payable in six monthly installments, beginning on or about September 1, 2026.
Price Impact
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