Data from the Tianyancha App reveals that on May 21, a collaborative venture was formed between Dmall (Shenzhen) Digital Technology Co., Ltd., Lingxin Qiaoshou (Beijing) Technology Co., Ltd., and Shenzhen Taiyi Enterprise Management Center (Limited Partnership). Together, they established Lingmei Intelligent Digital Core (Beijing) Technology Co., Ltd., with Dmall holding a 51% stake, Lingxin Qiaoshou a 29% stake, and Shenzhen Taiyi the remaining 20%. Leading Lingmei Intelligent Digital Core (Beijing) Technology Co., Ltd. as its legal representative is Zhang Feng, who is also the co-founder and president of Dmall.
