Ningbo Zhenmei Enterprise Management Partnership (Limited Partnership) entered into an agreement to acquire 8.6% stake in Suzhou Origin Medical Technology Co., Ltd. from Jiangsu Alcha Aluminium Group Co., Ltd. for CNY 15 million.
October 28, 2020
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Ningbo Zhenmei Enterprise Management Partnership (Limited Partnership) entered into an agreement to acquire 8.6% stake in Suzhou Origin Medical Technology Co., Ltd. from Jiangsu Alcha Aluminium Group Co., Ltd. (SZSE:002160) for CNY 15 million on October 28, 2020. Now Jiangsu Alcha Aluminium Group holds 14.3% stake and after the completion of the transfer, it will hold 5.7% of the equity of Suzhou Origin Medical Technology. As of June 30, 2020, Suzhou Origin Medical Technology reported the unaudited total assets of CNY 11.7 million, net assets of CNY 10.9 million, revenue of CNY 5.3 million and net profit of CNY 0.5 million. Jiangsu Alcha Aluminium Group held the tenth meeting of the sixth directorate on October 28, 2020 and passed the Proposal on Transfer of Part of the Equity.
JIANGSU ALCHA ALUMINIUM GROUP CO., LTD., formerly JIANGSU ALCHA ALUMINIUM CO., LTD., is a China-based company principally engaged in the manufacture and sales of aluminum foil products. The Company operates two segments. The Aluminum Foil segment provides aluminum foils for air conditioners, aluminum foils for sheets, alloy aluminum foil including aluminum foils for automobiles. The Medical Cleaning segment is engaged in the design and provision of cleaning equipment and others. The Company distributes its products within domestic market and to overseas markets.
Ningbo Zhenmei Enterprise Management Partnership (Limited Partnership) entered into an agreement to acquire 8.6% stake in Suzhou Origin Medical Technology Co., Ltd. from Jiangsu Alcha Aluminium Group Co., Ltd. for CNY 15 million.