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Junling Liu files 13D for 111, Inc. take-private bid

Junling Liu, co-founder and CEO of 111, Inc., disclosed a 42.1% stake on Schedule 13D and, with partners, filed to acquire remaining shares. The consortium controls about 91.4% of voting power and offered $0.226 per Class A share.

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1% stake in 111, Inc. in a Schedule 13D filing. On Sep. 17, 2026, Liu and partners filed after forming a consortium to acquire the remaining shares.

52.