SavMobi Technology to acquire Dalian Yuanmeng Media for $50M via 10M shares

Jingbo Technology, Inc.

Acquires 100% of Yuanmeng for $50M; consideration is 10M shares of SVMB common stock.
Sellers ZHAO Xindong (33% owner) and GUO Hengchang (67% owner) will hold 16.16% of SVMB post-closing.
Closing expected by February 10, 2022, subject to stockholder approval, consents, and no adverse law/litigation.
Both firms provide commercial mobile technical support; deal aims to create synergies and competitive advantage.

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