YI, US68247Q2012

111 formed a special committee to review a USD 4.52 offer for 111 stock

Published on 10/20/2026 at 13:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue fell 28.3 percent to RMB 2.3 billion. 111 stock costs EUR 2.80 on October 20, 2026 beside a USD 4.52 bid.

Ownership and operating pressure

111 established a three-director committee on September 28, 2026.
Second-quarter revenue declined 28.3 percent to RMB 2.3 billion.
111 stock traded at EUR 2.80 at 1:34 p.m. CEST at Lang & Schwarz on October 20, 2026.
Founders controlled 91.3 percent of voting power under the proposal.

YI, US68247Q2012, Illustration mit AI erstellt.

111 stock (US68247Q2012) was trading at EUR 2.80 at Lang & Schwarz on October 20, 2026 at 1:34 p.m. CEST. The company had formed a special committee on September 28, 2026 to review a preliminary USD 4.52-per-ADS buyout proposal, according to 111, Inc.

Committee review stays preliminary

The three-member panel is chaired by Jian Sun and also includes Nee Chuan Teo and Jun Luo. The proposal letter was dated September 16, 2026, and the offer covers the ADSs not already owned by the founders, according to TradeFlock.

The proposed price is USD 4.52 per ADS, while the founders and their partners controlled 91.3 percent of voting power. The board review also covers other strategic alternatives, making the committee the central gate for any transaction.

What does the offer mean for revenue?

111 reported second-quarter 2026 net revenue of RMB 2.3 billion, down 28.3 percent from the prior year, while marketplace service income rose 18.2 percent in the first half of 2026, according to The Globe and Mail. Gross segment profit was RMB 132.3 million, giving investors a measurable counterweight to the sales decline.

The same quarter included a net loss of RMB 31.7 million, compared with RMB 7.3 million a year earlier. Operating expenses fell 16.1 percent to RMB 155.5 million as 111 shifted toward an asset-light model and reduced back-office costs.

Three dated steps shape the review

On September 16, 2026, the founders submitted a USD 4.52-per-ADS preliminary proposal. On September 17, 2026, 111 reported second-quarter revenue of RMB 2.3 billion and a 28.3 percent year-over-year decline. On September 28, 2026, the board established the three-director special committee.

Stock trades during the review

111, Inc. is listed on Nasdaq under YI and operates digital pharmacy, wholesale and online healthcare services in China. The further course of trading is shown by the continuously updated real-time quote of 111 stock.