Meinian Onehealth Healthcare Holdings Co., Ltd. (SZSE:002044) agreed to acquire 69.86% stake in Nanning Meiyuan Health Management Co., Ltd. from Chen Xiaoping and Shaoxing Kemai Life and Health Industry Equity Investment Partnership Enterprise (L.P.) on April 15, 2025. The consideration consists of common equity of Meinian Onehealth Healthcare Holdings Co., Ltd. to be issued for common equity of Nanning Meiyuan Health Management Co., Ltd. As part of consideration, an undisclosed value is paid towards common equity of Nanning Meiyuan Health Management Co., Ltd.

For the period ending December 31, 2024, Nanning Meiyuan Health Management Co., Ltd. reported total revenue of CNY 17.41 million and net income of CNY 1.8 million. As of December 31, 2024, Nanning Meiyuan Health Management Co., Ltd. reported total assets of CNY 21.45 million and total common equity of CNY 6.24 million.

The transaction is subject to Meinian Onehealth?s directorate?s further approval after completion of audit and valuation, approval by seller?s internal decision-making bodies, approval by Meinian Onehealth Healthcare?s shareholders? meeting, subject to approval by Shenzhen Stock Exchange and China Securities Regulatory Commission and subject to any other approval as may be required by the law. The deal has been approved by the board of Meinian Onehealth Healthcare Holdings.

Meinian Onehealth Healthcare Holdings Co., Ltd. (SZSE:002044) cancelled the acquisition of 69.86% stake in Nanning Meiyuan Health Management Co., Ltd. from Chen Xiaoping and Shaoxing Kemai Life and Health Industry Equity Investment Partnership Enterprise (L.P.) in July, 2025.