Merion Inc is officially acquired by Peninsula Capital

News: On February 26, 2023, at 2.38 pm, Merion, Inc was officially acquired 100% of the shares by Peninsula Capital (Byland).

Danies Wang, chairman of Merion Inc, officially announced this big news of the acquisition at the 2023 Gala held by the American Chinese General Chamber of Commerce in West Covina.

Jack WU, CEO of Peninsula Capital (Byland), announced the future market and development after the acquisition. The main business is to customize the electric sports car, which is the most expensive sports car in the world with a price of 3.6 million US dollars. On June 30th, the electric sports car jointly produced by Chinese and Italian companies will be officially released in Beverly Hills.

With the recommendation and support of the American and Chinese General Chamber of Commerce, this acquisition is a model for the successful transformation of our Chinese business!