companies in order to expand their profits, into the development of pan-home. For flooring companies, the development of pan-home strategy needs to be rational. Yihua Wood acquisition of 100% stake in Wallace the acquisition of this event, Yihua Wood has become the construction of 'Y + ecosystem' in the largest closed-end acquisition of a case of equity. According to the survey, since launching the pan-home strategy in 2014, Yihua Wood has initiated at least 9 equity investment mergers and acquisitions in more than a year, involving more than 3 billion yuan. According to Yi Hua Wood's general manager Liu Zhuangchao's public statement, Yihua Wood in the past year or two consecutive acquisitions are around one purpose, namely the construction of 'Y + ecosystem' from the traditional sense of the furniture brand manufacturers to the platform Type home service provider transformation. Pursuant to the acquisition proposal, Yihua Wood will pay all the shares in Singapore-listed company Wallace by " Best Wood Flooring For Tropical Climate Termite ,
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