Youxin Technology shares surge 24.84% intraday after completing $5.52M Hainan asset acquisition to boost cross-border digital commerce.

Youxin Technology surged 24.84% intraday following the announcement of a $5.52 million real estate acquisition in the Hainan Free Trade Port. The strategic move aims to establish a cross-border digital commerce hub, leveraging Hainan’s preferential policies (zero tariffs, simplified tax structures) to enhance international market expansion. The company plans to integrate its low-code PaaS and Exap programming language with Hainan’s digital infrastructure, focusing on multi-language collaboration, data security, and e-commerce innovation to support global retail clients. CEO Shaozhang Lin emphasized the acquisition’s role in strengthening cross-border procurement, supply chain solutions, and long-term shareholder value. The acquisition aligns with Hainan FTP’s institutional innovations, positioning Youxin to capitalize on cross-border trade growth and digital infrastructure development.