Shanghai Model Organisms Center, Inc. agreed to acquire Shanghai Zhongyingjian Health Technology Co., Ltd. from Shanghai Qihongxing Logistics Co., Ltd., Shanghai Haihua Environmental Engineering Co., Ltd. and Shanghai Weili Disinfectant Co., Ltd. for approximately CNY 400 million.
July 18, 2022
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Shanghai Model Organisms Center, Inc. (SHSE:688265) agreed to acquire Shanghai Zhongyingjian Health Technology Co., Ltd. from Shanghai Qihongxing Logistics Co., Ltd., Shanghai Haihua Environmental Engineering Co., Ltd. and Shanghai Weili Disinfectant Co., Ltd. for approximately CNY 400 million on July 15, 2022. Shanghai Model Organisms Center, Inc. (SHSE:688265) will pay CNY 199.7 million for equity and CNY 196.9 million for debt of target. The transaction has been reviewed and approved at the third meeting of the third board of directors and the second meeting of the third board of supervisors of Shanghai Model Organisms Center, Inc. (SHSE:688265). The transaction is subject to shareholder approval. As of August 3, 2022, Shanghai Model Organisms Center, Inc. shareholders approved the acquisition of Shanghai Zhongyingjian Health Technology.
Shanghai Model Organisms Center Inc is a China-based company mainly engaged in gene modified animal models and related technical services. The Company's businesses include genetically modified animal model, model breeding, feeding service, efficacy evaluation and phenotypic analysis, other model biotechnology services, model purchase and sales business and other businesses. The genetically modified animal model products are divided into customized models and standardized models, mainly including genetically modified mouse models, genetically modified rat models, genetically modified nematode models and genetically modified zebrafish models. The model breeding business refers to the use of genetically modified animal models developed and produced by the issuer or existing genetically modified animal models provided by customers through natural breeding or assisted reproductive breeding.
Shanghai Model Organisms Center, Inc. agreed to acquire Shanghai Zhongyingjian Health Technology Co., Ltd. from Shanghai Qihongxing Logistics Co., Ltd., Shanghai Haihua Environmental Engineering Co., Ltd. and Shanghai Weili Disinfectant Co., Ltd. for approximately CNY 400 million.
SHANGHAI MODEL ORGANISMS CENTER, INC. 
