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Youxin Technology (YAAS) stock gained investor attention on Wednesday morning after the company signed a definitive agreement to acquire a controlling stake in Celnet Technology Co., a Chinese Salesforce.com partner.
Youxin is a China-based SaaS (Software as a Service) and PaaS (Platform as a Service) provider focused on digital transformation for retail businesses. The strategic move aims to expand Youxin's presence in enterprise customer relationship management (CRM) and boost its capabilities in artificial intelligence-powered solutions.
Youxin Technology's stock traded over 68% higher in Wednesday’s premarket. On Stocktwits, retail sentiment around the stock remained in ‘extremely bullish’ territory amid ‘extremely high’ message volume levels.
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Under the agreement signed on Sept. 22, 2025, Youxin will purchase a 51% equity interest in Celnet for approximately RMB 5.24 million ($736,000), with additional cash and equity-based incentives tied to future performance milestones.
“Celnet’s enterprise-focused CRM expertise and its AI-enabled solutions will create immediate synergies with Youxin Technology’s retail-focused SaaS and PaaS platforms. We believe this combination strengthens our competitive moat, enhances our long-term revenue growth potential, and positions us as a leading player in China’s digital transformation ecosystem,” said Youxin CEO Shaozhang Lin.
The acquisition positions Youxin to accelerate its expansion into CRM services and deliver AI-enabled automation capabilities. The company is targeting enterprise-grade solutions that go beyond simple task management, aiming instead to enable sophisticated multi-domain workflows and intelligent agent collaboration.
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Youxin Technology's stock has lost over 97% of its value year-to-date.
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