Lichen China Limited Acquires Remaining Equity in Bondly Enterprises to Strengthen AI Development and Business Integration

Core Insights - Lichen China Limited has completed the acquisition of the remaining 40% equity interest in Bondly Enterprises Limited for US$5,330,000, marking a significant step in its strategy to integrate advanced technologies and AI capabilities into its operations [1][2]. Group 1: Acquisition Details - The acquisition allows Lichen China to gain full control over Bondly's technologies and skilled team, which are essential for the company's growth in AI-driven solutions [2]. - Bondly, founded by Mr. Zisu Zhou, specializes in business process management and digital transformation, with a proprietary AWS BPM system that enhances operational efficiency for clients [3]. Group 2: Strategic Implications - The acquisition is viewed as a strategic move to leverage Bondly's technological expertise and AI capabilities, which will accelerate the development of Lichen China's AI-driven solutions, including the Lichen AI Robot [4]. - With Bondly becoming a wholly-owned subsidiary, deeper integration of its technologies and services into Lichen China's offerings is expected to drive significant revenue growth and enhance competitive advantage in the financial, taxation, and AI sectors [4]. Group 3: Company Background - Lichen China Limited is a leading provider of financial and taxation solution services, with over 18 years of expertise in the industry, known for delivering high-quality services in China [5].