Zhuhai Hexin Yingtong Investment Partnership Enterprise (Limited Partnership) cancelled the acquisition of 12.7% stake in Guangdong Hexin Health Technology Co., Ltd from Guangzhou Improve Medical Instruments Co., Ltd.
March 16, 2020
Share
Zhuhai Hexin Yingtong Investment Partnership Enterprise (Limited Partnership) agreed to acquire 12.7% stake in Guangdong Hexin Health Technology Co., Ltd from Guangzhou Improve Medical Instruments Co., Ltd. (SZSE:300030) for CNY 11.4 million on March 11, 2019. The agreement has been signed on March 27, 2019. In related transaction, Zhuhai Hexin Yingtong Investment Partnership Enterprise (Limited Partnership), Li Jing and Wang Huiling agreed to acquire 14.04% stake in Guangdong Hexin Health Technology Co., Ltd from Deng Guanhua for CNY 12.6 million. Guangdong Hexin Health Technology reported total assets of CNY 35.9 million, net assets of CNY 33.2 million, revenue of CNY 1.2 million, operating loss of CNY 8.85 million and net loss of CNY 8.61 million as of December 31, 2018. The transaction is subject to approval from the Guangzhou Improve Medical Instruments’s shareholders. The transaction has been approved by the Board of Directors of Guangzhou Improve Medical Instruments at 4th directorate’s 19th meeting and its 4th supervisory board’s 12th meeting held on March 11, 2019. As of March 27, 2019, the transaction has been approved by the shareholders of Guangzhou Improve Medical Instruments Co., Ltd.
Zhuhai Hexin Yingtong Investment Partnership Enterprise (Limited Partnership) cancelled the acquisition of 12.7% stake in Guangdong Hexin Health Technology Co., Ltd from Guangzhou Improve Medical Instruments Co., Ltd. (SZSE:300030) on March 17, 2020.
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.
Zhuhai Hexin Yingtong Investment Partnership Enterprise (Limited Partnership) cancelled the acquisition of 12.7% stake in Guangdong Hexin Health Technology Co., Ltd from Guangzhou Improve Medical Instruments Co., Ltd.
IMPROVE MEDICAL INSTRUMENTS CO., LTD. 