Company Description
China Senior Living Industry International Holding Corporation, trading under the symbol CHYL on the OTC PINK market, has undergone a significant transformation in its corporate identity and business focus. According to company announcements, China Senior Living Industry International Holding Corporation adopted the name Unified Global Corp, reflecting a shift toward cannabis-related operations and a new strategic direction.
Unified Global Corp states that it intends to become a vertically integrated Canadian/American MultiState Operator (often described as a Can-Am MSO) by acquiring and consolidating licensed, EBITDA-positive cannabis operations in mature markets. Company press releases describe a focus on cannabis businesses in Colorado and Oregon in the United States and in Alberta, Canada. The company positions its publicly traded structure as a vehicle for bringing privately held cannabis operators into a larger collective.
Business focus and operating approach
In its public communications, Unified Global Corp explains that it is concentrating on acquiring existing cannabis operators that already hold licenses and generate positive EBITDA. The company highlights a strategy of consolidating cannabis operations in specific mature markets and integrating activities from cultivation through retail. Unified Global has referenced plans to work with independent cannabis operators that have established local customer relationships and community engagement, while offering those operators access to the benefits of a public company platform.
Press releases describe Unified Global’s intention to build a vertically integrated structure that includes cultivation, supply chain, and retail assets. The company has discussed letters of intent to acquire cannabis retail locations in Oregon and Alberta, as well as a vertically integrated craft cannabis farming and retail operation in Portland, Oregon. These communications emphasize the goal of bringing cannabis operators under the Unified umbrella and optimizing operations from seed to sale.
Corporate evolution and name change
A company announcement states that China Senior Living Industry International Holding Corporation formally changed its name to Unified Global Corp. The same announcement notes that Unified filed to notify OTC Markets of the name change and to request a new trading symbol, with the new symbol to be announced once issued. In that communication, the company described the name change as a step toward implementing a business plan focused on rolling up private cannabis companies.
Subsequent press releases continue to reference the OTC PINK:CHYL symbol in connection with Unified Global Corp, indicating that CHYL has functioned as the trading symbol for the rebranded entity while the company pursued its cannabis-focused strategy and related acquisitions.
Financing and acquisition pipeline
Unified Global Corp has reported raising capital to support its acquisition plans. One press release describes the closing of an initial series of convertible notes, characterized as Series 1 of a larger planned financing program. The company links this financing to its stated objective of acquiring smaller, EBITDA-positive cannabis operators and assisting those entrepreneurs in monetizing their businesses within a public company framework.
In another announcement, Unified Global Corp reports that, together with its affiliates, it signed letters of intent to acquire up to 41 cannabis retail locations in Oregon and Alberta from multiple independent operators. The company refers to these locations as part of an acquisition pipeline and notes that it is concentrating on Colorado, Oregon, and Alberta as its principal cannabis markets. These communications are presented as forward-looking and subject to conditions, including regulatory approvals and completion of definitive agreements.
Management and operational expertise
Unified Global Corp has highlighted its management and advisory team as a key asset in pursuing its cannabis consolidation strategy. Company communications describe an executive and advisory group with extensive cannabis operating experience in both the United States and Canada, as well as experience with public companies. Roles mentioned include leadership in cultivation, Canadian operations, finance, and advisory functions, with the team characterized as having many years of combined cannabis industry experience and involvement in operating or consulting for multiple cannabis facilities.
According to these statements, Unified Global intends to apply this experience to build and manage vertically integrated cannabis operations, including cultivation facilities, retail dispensaries, and related supply chain and marketing assets. The company emphasizes its focus on profitable operations and on working with entrepreneurs who already have strong relationships with their local customer bases.
Planned acquisition by Jiangsu Easypark
A later news release states that Jiangsu Easypark Intelligent Technology Co., Ltd. entered into a definitive agreement to acquire China Senior Living Industry International Holding Corporation, identified in that release by its OTC PINK:CHYL symbol. Jiangsu Easypark is described in that announcement as a provider of smart parking and new energy vehicle charging infrastructure. The release explains that the agreement was signed as part of Jiangsu Easypark’s global growth strategy and its plan to access U.S. capital markets.
According to that announcement, upon completion of the transaction, Jiangsu Easypark intends to consolidate its core assets into CHYL. The release also notes that CHYL’s board of directors is expected to be restructured and that Jiangsu Easypark’s representative is expected to assume the role of Chief Executive Officer of the combined company. The transaction is described as being subject to standard closing procedures and customary approvals, and the announcement presents these plans as contingent on successful completion of the acquisition.
Risk considerations and forward-looking nature
The company’s press releases include cautionary statements indicating that many of the described transactions and strategic plans are forward-looking and may not occur as anticipated, or at all. These communications highlight that acquisitions are subject to regulatory approvals and other conditions, and that there is no assurance that letters of intent or proposed transactions will close. They also reference broader risks associated with the cannabis industry, regulatory changes, and economic conditions.
Because of the forward-looking nature of many of these statements and the absence of more recent regulatory filings in the provided data, investors and readers should treat the described plans and transactions as subject to change and not assume that every announced acquisition or financing has been completed.
Summary of CHYL’s role
In summary, the symbol CHYL has been used in connection with China Senior Living Industry International Holding Corporation and, following a name change, with Unified Global Corp. Unified Global has described a strategy of becoming a vertically integrated Canadian-American cannabis operator by acquiring and consolidating licensed, EBITDA-positive cannabis businesses in Colorado, Oregon, and Alberta. A later announcement indicates that Jiangsu Easypark Intelligent Technology Co., Ltd. signed a definitive agreement to acquire CHYL, with plans to consolidate its smart parking and new energy vehicle charging assets into the CHYL corporate structure, subject to customary approvals and closing conditions.
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No SEC filings available for China Senior Living Industry International Holding.