Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2026
Estun to acquire Nanjing Estun Cubot via wholly-owned subsidiary for RMB 487 million
Estun announced that its wholly-owned subsidiary plans to pay RMB 487 million in cash to acquire 100% of Nanjing Estun Cubot Technology Co., Ltd. The controlling shareholder Nanjing Paileisite Technology holds 39.07% of Estun Cubot, making the transaction a related-party deal; Estun Cubot has been loss-making since inception and the acquisition premium exceeds 900%.