Autek China Inc. (SZSE : 300595) signed the share transfer agreement to acquire additional 39% stake in Jingjiang Autek Jingcheng Eye Health Service Co., Ltd. from Hou Aihua and Lu Hanxing for CNY 21.5 million on June 16, 2023. In related transactions, Autek China Inc. agreed to acquire 39% stake in Fuzhou Autek Medical Devices Co., Ltd., Suzhou Kangshi Health Eye Information Consulting Co., Ltd., Quanzhou Autek Optical Technology Co., Ltd., Kunming Shikang Eye Clinic Co., Ltd., Bengbu Autek Optical Equipment Technology Co., Ltd., Shenzhen Mingmou Ruishi Eye Clinic, Xuancheng Dental Hospital Co., Ltd., Xiantao Jiashi Eye Clinic Co., Ltd., Yichang Mengdaiwei Optical Technology Co., Ltd., Xuancheng Mengdaiwei Medical Devices Co., Ltd., 20% stake in Wuhu Autek Medical Devices Sales Co., Ltd. and 30% stake in Xuancheng Autek Baixiu Medical Devices Co., Ltd. from various sellers for an aggregate consideration of approximately CNY 460 million. Pursuant to transaction, Hou Aihua and Lu Hanxing will transfer their 36.40% and 2.60% stake in Jingjiang Autek Jingcheng, respectively and after the acquisition, Autek China’s stake in it will increase from 51% to 90%.

Jingjiang Autek Jingcheng had total assets, net assets, revenue, operating profit and net profit of CNY 18.28 million, CNY 15.35 million, CNY 11.33 million, CNY 2.95 million and CNY 3.15 million, respectively, for the period ended December 31, 2022.