Guangzhou Development District Emergy Industry Investment Fund Management Co., Ltd. cancelled the acquisition of an unknown stake in Shenzhen Xirun Financial Leasing Co., Ltd. from Guangzhou Improve Medical Instruments Co., Ltd..
November 08, 2019 at 11:00 pm EST
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Guangzhou Development District Emergy Industry Investment Fund Management Co., Ltd. signed a letter of intent to acquire an unknown stake in Shenzhen Xirun Financial Leasing Co., Ltd. from Guangzhou Improve Medical Instruments Co., Ltd. (SZSE:300030) on November 9, 2018. Under the terms, Guangzhou Improve Medical Instruments Co., Ltd. plans to sell all or partial stake in Shenzhen Xirun Financial Leasing Co., Ltd. As of November 9, 2018, Guangzhou Improve Medical Instruments Co., Ltd. holds 75% stake in Shenzhen Xirun Financial Leasing Co., Ltd. For the year ended December 31, 2017, Shenzhen Xirun Financial Leasing Co., Ltd. had total assets of CNY 169.7 million, net assets of CNY 209.36 million, revenue of CNY 33.44 million, operating profit of CNY 20.53 million and net profit of CNY 15.39 million.
Guangzhou Development District Emergy Industry Investment Fund Management Co., Ltd. cancelled the acquisition of an unknown stake in Shenzhen Xirun Financial Leasing Co., Ltd. from Guangzhou Improve Medical Instruments Co., Ltd. (SZSE:300030) on November 9, 2019.
Improve Medical Instruments Co Ltd, formerly Guangzhou Improve Medical Instruments Co Ltd, is a China-based company mainly engaged in the production and sales of medical equipment. The Company is also engaged in the financial leasing business of medical equipment. The Company's products include vacuum blood collection systems, liquid biopsy tubes, automatic blood collection tube detachers, thromboelastometers and reagents, hospital intelligent blood collection management systems, sub-medical record systems (EMR) and others. The Company's products also include masks, instruments, reagents and others. The Company's products are exported to Russia, Saudi Arabia, Brazil, South Korea and other countries and regions.
Guangzhou Development District Emergy Industry Investment Fund Management Co., Ltd. cancelled the acquisition of an unknown stake in Shenzhen Xirun Financial Leasing Co., Ltd. from Guangzhou Improve Medical Instruments Co., Ltd..
IMPROVE MEDICAL INSTRUMENTS CO., LTD. 
