Shanghai Cimic Co., Ltd. completed the acquisition of 44.86% stake in Shanghai Everjoy Health Technology Development Co., Ltd. from Everjoy Health Group Co., Ltd..
May 23, 2023
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Shanghai Cimic Co., Ltd. agreed to acquire a 44.86% stake in Shanghai Everjoy Health Technology Development Co., Ltd. from Everjoy Health Group Co., Ltd. (SZSE:002162) for approximately CNY 160 million on April 7, 2023. Transaction has been approved by Everjoy Health's board. For the period ended December 31, 2022, hanghai Everjoy Health Technology had CNY 293.2585 million of total assets, CNY 290.94 million of Net Assets, Revenue as CNY 0 and Net profit as CNY -2.90 million. Everjoy Health Group Co., Ltd. (SZSE:002162) 1st special shareholders' meeting for 2023 held on April 26, 2023 approved the transaction.
Shanghai Cimic Co., Ltd. completed the acquisition of 44.86% stake in Shanghai Everjoy Health Technology Development Co., Ltd. from Everjoy Health Group Co., Ltd. (SZSE:002162) on May 24, 2023.
EVERJOY HEALTH GROUP CO., LTD., formerly Shanghai CIMIC Holdings Co Ltd, is a China-based company principally engaged in the manufacture and sales of tiles. The Company provides vitrified tiles, including polished tiles and non-polished tiles; glazed tiles, including crystalline glazed tiles and ordinary glazed tiles, as well as special purpose floor tiles. In addition, The Company is also involved in the manufacture and sales of ecological health building materials, warehouse leasing business and medical business. The Company mainly operates its business in the domestic market.
Shanghai Cimic Co., Ltd. completed the acquisition of 44.86% stake in Shanghai Everjoy Health Technology Development Co., Ltd. from Everjoy Health Group Co., Ltd..