Anhui Keda Xunfei Medical Information Technology Co., Ltd. agreed to acquire 6.8232% of stake in Anhui ImLincs Co., Ltd from LeKing Wellness Co., Ltd. for CNY 13.1 million.
July 12, 2021
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Anhui Keda Xunfei Medical Information Technology Co., Ltd. agreed to acquire 6.8232% of stake in Anhui ImLincs Co., Ltd from LeKing Wellness Co., Ltd. (SZSE:300247) for CNY 13.1 million on July 9, 2021. Within 15 working days after the signing of the agreement, Xunfei Medical will pay LeKing Well 50% of the transfer price. Within 10 working days after the completion of the registration modification for the capital increase and share transfer, will pay LeKing Well 10% of the transfer price. Within 1 year after third payment, will pay LeKing Well the remaining 10% of the transfer price. On July 12, 2021, the company signed the related investment cooperation agreement. In a related transaction Anhui Keda Xunfei Medical Information Technology Co., Ltd. announced a capital increase in Anhui ImLinc. On July 9, 2021, the 13th session of the LeKing Wellness's 5th directorate approved the proposal. Anhui ImLincs Co., Ltd has a total assets of CNY 4.7 million, net assets of CNY 4.3 million as of March 31, 2021 and total assets of CNY 5.1 million, net assets of CNY 4.7 million, revenue of CNY 10.1 million and net profit of CNY 0.068 million in 2020.
Youngy Health Co., Ltd., formerly LeKing Wellness Co.,Ltd., is a China-based company principally engaged in the research and development, production and distribution of household far infrared therapy equipment. The Companyâs main products include far infrared therapy houses, massage armchairs, small massage home appliances, portable sauna equipment, air purifiers and fitness apparatuses, among others. The Company distributes its products in domestic market and to overseas markets.
Anhui Keda Xunfei Medical Information Technology Co., Ltd. agreed to acquire 6.8232% of stake in Anhui ImLincs Co., Ltd from LeKing Wellness Co., Ltd. for CNY 13.1 million.