Recently, Joyvio Group Co., Ltd. (hereinafter referred to as "Joyvio Group"), a subsidiary of Legend Holdings Co., Ltd. (hereinafter referred to as "Legend Holdings"), announced its strategic investment in Nine Masters (China). After the strategic investment, Shanghai Joyvio Supply Chain Management Co., Ltd. will hold 68% of the stake in Nine Masters (China).
Founded in 2010, Nine Masters is an integrated service provider of fresh and semi-finished products to modern business enterprises, chain restaurants, fresh electricity suppliers, new retail supermarkets, chain convenience stores and modern families. Now it has formed three well-known product lines under the brand of "NINE MASTERS", "FRESH FOOD", and "LOVEFOR", with the establishment of strategic partnership with IKEA food, box horse fresh, easy fruit fresh, Jingdong etc. at the same time.
As a holding investment platform for the modern food of Legend, this strategic investment will help Joyvio Group to expand its layout of its fresh ingredients industry and speed up the integration of high-quality fresh food industry resources domestically and overseas. Through this strategic cooperation, both parties aim to jointly create a new industry benchmark in China's food supply chain industry and make Nine Masters the leader in China's fresh semi-finished products industry.
As the legal adviser of Joyvio Group, Llinks provided a full range of legal services including due diligence, drafting documents, and negotiation and so on.
