DivestmentJul 29, 2026, 04:18 PM
Meiwu Technology Closes Divestment of Mahaotiaodong for $100
AI Summary
Meiwu Technology Company Limited announced the closing of the disposition of its wholly-owned subsidiary, Mahaotiaodong Information Technology Company (Mahao BVI). The company sold 100% of Mahao BVI's shares to an unrelated third party, Mr. Li Dong, for a consideration of US$100. The transaction was completed on July 9, 2026, following the satisfaction of all closing conditions.
Key Highlights
- Meiwu Technology completed the sale of Mahaotiaodong Information Technology Company.
- The divested entity was a wholly-owned subsidiary, Mahao BVI.
- The buyer was Mr. Li Dong, an unrelated third party.
- Meiwu Technology sold 100% of the target company's shares.
- The consideration for the sale was US$100.
- The disposition was consummated on July 9, 2026.
Price Impact
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