Autek China Inc. signed the share transfer agreement to acquire a 39% stake in Kunming Shikang Eye Clinic Co., Ltd. from Yunnan Shilikang Enterprise Management Partnership Enterprise (Limited Partnership), Zhang Mingjing, and Ouyang Zhonghua for CNY 58.2 million.

Autek China Inc. (SZSE:300595) signed the share transfer agreement to acquire a 39% stake in Kunming Shikang Eye Clinic Co., Ltd. from Yunnan Shilikang Enterprise Management Partnership Enterprise (Limited Partnership), Zhang Mingjing, and Ouyang Zhonghua for CNY 58.2 million on June 16, 2023. As part of the transaction, Autek China will acquire 19.5% stake from Zhang Mingjing, 15.6% stake from Ouyang Zhonghua and 3.9% stake from Yunnan Shilikang Enterprise Management. In related transactions, Autek China agreed to acquire 12 companies.

Kunming Shikang Eye reported Total assets of CNY 49.718 million, Net Assets of CNY 40.0126 million, Revenue of CNY 45.1672 million, Operating profit of CNY 10.426 million and Net profit of CNY 9.8035 million for the year ended December 31, 2022.