Totally Green Inc. (OTC: TLGN) has announced the termination of discussions for a merger with Guangzhou Yushangmei Health Management Co., Ltd. due to an inability to agree on terms. CFO Parkson Yip stated the company will pursue acquisition opportunities across various sectors, particularly focusing on STEM education, travel, ecommerce, and entertainment. Additionally, TLGN plans to explore investments in co-living, co-working, and co-retailing markets.
Guangzhou Yushangmei Health Management has announced its acquisition of Totally Green Inc. (TLGN) based in Nevada, USA. The acquisition aims to secure a controlling stake, enhancing Yushangmei's vision of building a global advanced healthcare service platform. Yushangmei focuses on women's health, integrating high-tech R&D with e-commerce. The company plans to leverage digital technologies and expand its market presence through innovative marketing strategies. This move aligns with Yushangmei's goal to enhance its service offerings and establish a wellness ecosystem.