Group 1 - The core point of the article is that after more than a year of turmoil due to the departure of its actual controller, Jiubianli has been acquired by Chuangdong Huake, with a 51% stake, marking a significant change in ownership [1] - Chuangdong Huake's largest investor is Tianyin Holdings, a company with projected revenues exceeding 80 billion in 2024, which has partnerships with major brands like Apple, Huawei, and Samsung [2] - Despite its large revenue, Tianyin Holdings reported a net loss of 57 million in the first three quarters of 2025, indicating challenges in its mobile phone business, prompting a shift towards the liquor retail sector [2] Group 2 - Prior to acquiring Jiubianli, Tianyin Holdings had already invested in the new retail platform "Jiukuai Dao" and holds shares in the liquor e-commerce platform "Jiuxian Wang," creating a clear distribution network in the liquor industry [3] - Jiubianli faced severe financial difficulties after its actual controller, Yu Zengyun, was confirmed to have left the country and was under investigation for fundraising fraud, leading to a 37% year-on-year revenue decline and a net loss exceeding 60 million in the first half of 2025 [5][6][7] - The acquisition represents a potential strategic partnership between a mobile giant and a struggling liquor chain, raising questions about whether the digital supply chain expertise can successfully transition into the liquor business [8]
酒便利实控人跑路后,800亿手机巨头入主