Autobio Diagnostics Co., Ltd. agreed to acquire the biochemical products business from Hong Kong Shengshijunhui Technology Development Co., Ltd.
December 22, 2016
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Autobio Diagnostics Co., Ltd. (SHSE:603658) agreed to acquire the biochemical products business from Hong Kong Shengshijunhui Technology Development Co., Ltd. on December 22, 2016. Autobio Diagnostics Co., Ltd. will use its self-raised funds of CNY 169.5 million for the fixed portion of the acquisition price. The deal has been approved by the Board of Directors of Autobio Diagnostics Co., Ltd.
Autobio Diagnostics Co., Ltd. is a China-based company and mainly engaged in development, manufacture and sales of diagnostics products. The Company's main products include gnostic products, microbiology detection products, and related devices. The immunodiagnostic products include microplate chemiluminescence diagnostic reagents, Enzyme-Linked immunosorbent assay diagnostic reagents, magnetic particle chemiluminescence detection reagents, and colloidal diagnostic reagents. The microbiology detection products include training detection reagents, susceptibility detection reagents and rapid detection reagents. The device products include microplate readers, chemiluminescence immunoassay analyzers, and united testing analyzers. The Company distributes its products in domestic markets.
AUTOBIO DIAGNOSTICS CO., LTD. 
