Youxin Technology (NASDAQ: YAAS) completes Celnet acquisition for 51% stake

Youxin Technology Ltd (NASDAQ: YAAS) completed its acquisition of Celnet Technology Co., Ltd. on October 29, acquiring a 51% equity stake in the Chinese Salesforce.com partner, according to a company statement.

Celnet provides information integration and management solutions for businesses. The acquisition is projected to contribute approximately $1.3 million in revenue during the first half of fiscal year 2026, representing a 376% increase compared to the same period in fiscal year 2025.

Youxin Technology operates as a software-as-a-service and platform-as-a-service provider focused on digital transformation solutions for retail enterprises. The company offers cloud-based platforms that enable businesses to develop and manage applications without purchasing complex IT infrastructure.

“We are excited to complete the acquisition of Celnet, which represents an important step forward in our growth strategy,” said Shaozhang Lin, Chief Executive Officer of Youxin Technology. “By integrating our cloud-based SaaS and PaaS platforms with Celnet’s strong CRM expertise and AI-powered solutions, we expect to create greater value for our clients through expanded capabilities and unlock stronger revenue growth.”

The combined entity plans to deliver AI-driven enterprise solutions using existing large-model technologies. Youxin Technology’s products currently serve mid-tier brand retailers by connecting management teams, distributors, salespersons, stores, and customers across unified systems and applications.

The acquisition information was disclosed in a company press release statement.