Autek China Inc. (SZSE : 300595) signed the share transfer agreement to acquire additional 39% stake in Fuzhou Autek Medical Devices Co., Ltd. from Ye Xiaodan, Liao Lianming and Luo Dongming for CNY 20.4 million on June 16, 2023. In related transactions, Autek China Inc. agreed to acquire 39% stake in Jingjiang Autek Jingcheng Eye Health Service 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., Fuzhou Autek Medical Devices 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 470 million. Pursuant to transaction, Liu Zongzhen and Liu Hong will transfer their 19.87 % and 19.13% stake in Yichang Mengdaiwei Optical, respectively and after the acquisition, Autek China’s stake in it will increase from 51% to 90%.

Yichang Mengdaiwei Optical had total assets, net assets, revenue, operating profit and net profit of CNY 15.33 million, CNY 11.49 million, CNY 13.39 million, CNY 3.21 million and CNY 2.87 million, respectively, for the period ended December 31, 2022.