Eyebright Medical Technology (Beijing) Co., Ltd. (SHSE:688050) agreed to acquire additional 14.1579% stake in Fujian Unicon Optical Co., Ltd from Hong Kong Unicon Optical Co. for CNY 70.1 million on July 28, 2023. In a related private placement transaction Eyebright Medical Technology is acquiring 36.8421% stake in Fujian Unicon Optical.

After both the transaction Eyebright Medical Technology will have 51% stake and Hong Kong Unicon Optical will have 49% stake in Fujian Unicon Optical. Fujian Unicon Optical reported total assets of CNY 432,895,771 and owner's equity of CNY 86,879,922 as at June 30, 2023. The transaction has been approved in the meeting of the board of directors of Eyebright Medical Technology.