Suzhou Nanomicro Technology Co., Ltd. and Suzhou Niuerli Xincheng Equity Investment Partnership Enterprise (Limited Partnership) signed share transfer agreement to acquire a 56% stake in Zhejiang Fuli Analytical Instruments Corp. from Huang Licai, Guo Tingfu, Lin Renfang and Wenling Juxing Investment Consulting Partnership Enterprise (Limited Partnership) for approximately CNY 220 million.
June 07, 2023
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Suzhou Nanomicro Technology Co., Ltd. (SHSE:688690) and Suzhou Niuerli Xincheng Equity Investment Partnership Enterprise (Limited Partnership) signed share transfer agreement to acquire a 56% stake in Zhejiang Fuli Analytical Instruments Corp. from Huang Licai, Guo Tingfu, Lin Renfang and Wenling Juxing Investment Consulting Partnership Enterprise (Limited Partnership) for approximately CNY 220 million on June 6, 2023. The offer price is CNY 8 cash per share. Pursuant to this transaction, Suzhou Nanomicro Technology will acquire a 44.80% stake in Zhejiang Fuli Analytical Instruments and Suzhou Niuerli Xincheng Equity an 11.20% stake.
Zhejiang Fuli Analytical had total assets of CNY 210.22 million, net assets of CNY 114.85 million, revenue of CNY 167.17 million, operating profit of CNY 33.92 million and net profit of CNY 30.42 million, as of December 31, 2022. On June 6, 2023, the 24th session of Suzhou Nanomicro’s 2nd directorate approved the transaction.
Suzhou Nanomicro Technology Co Ltd is a China-based company specializing in the research and development of high-performance nano-microsphere materials. The Company's products and services mainly involve two application areas, biomedicine and flat panel displays. In the field of biomedicine, the Company mainly provides key separation and purification materials for the large-scale production of drugs. It also provides separation and analysis chromatographic columns and related equipment for drug quality testing and scientific research. In the field of flat panel display, the Company's main products are used for polymer spacer microsphere (spacer plastic ball) that controls the thickness of the liquid-crystal display panel box, and the spacer microsphere (spacer silicon ball), conductive gold ball, standard particle. And black ball can be provided including silica-based matrix. Microsphere materials for other optoelectronic applications.
Suzhou Nanomicro Technology Co., Ltd. and Suzhou Niuerli Xincheng Equity Investment Partnership Enterprise (Limited Partnership) signed share transfer agreement to acquire a 56% stake in Zhejiang Fuli Analytical Instruments Corp. from Huang Licai, Guo Tingfu, Lin Renfang and Wenling Juxing Investment Consulting Partnership Enterprise (Limited Partnership) for approximately CNY 220 million.
SUZHOU NANOMICRO TECHNOLOGY CO., LTD. 
