Jiangsu Yuyue Medical Equipment & Supply Co., Ltd. completed the acquisition of 95.95% stake in Suzhou 66 Vision-Tech Co., Ltd. from Suzhou Industrial Park Yangzhong Machinery Factory Co., Ltd., Xi'an Hengrui Engineering Fluid Equipment Co., Ltd., Ru Qihua and Yang Jiwei.
January 03, 2020
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Jiangsu Yuyue Medical Equipment & Supply Co., Ltd. (SZSE:002223) agreed to acquire 95.95% stake in Suzhou 66 Vision-Tech Co., Ltd. from Suzhou Industrial Park Yangzhong Machinery Factory Co., Ltd., Xi'an Hengrui Engineering Fluid Equipment Co., Ltd., Ru Qihua and Yang Jiwei for CNY 37.4 million on October 30, 2019. Jiangsu Yuyue Medical Equipment & Supply will pay the amount of CNY 25.5 million to Suzhou Industrial Park Yangzhong Machinery, CNY 0.39 million to Xi'an Hengrui Engineering Fluid Equipment, CNY 10.8 million to Ru Qihua and CNY 0.76 million to Yang Jiwei. Suzhou 66 Vision-Tech has total assets of CNY 93.6 million and negative net assets of CNY 91.18 million as of May 31, 2019.
Jiangsu Yuyue Medical Equipment & Supply Co., Ltd. (SZSE:002223) completed the acquisition of 95.95% stake in Suzhou 66 Vision-Tech Co., Ltd. from Suzhou Industrial Park Yangzhong Machinery Factory Co., Ltd., Xi'an Hengrui Engineering Fluid Equipment Co., Ltd., Ru Qihua and Yang Jiwei on January 4, 2020. Jiangsu Yuyue Medical Equipment & Supply Co., Ltd. now holds 95.95% of Suzhou 66 Vision-Tech Co., Ltd.'s shares. Suzhou 66 Vision-Tech Co., Ltd. has become Jiangsu Yuyue Medical Equipment & Supply Co., Ltd.'s holding subsidiary.
JIANGSU YUYUE MEDICAL EQUIPMENT & SUPPLY CO., LTD. is a China-based company, principally engaged in the research and development, manufacture and distribution of medical equipment. The Company provides rehabilitation nursing products, medical oxygen supply products and medical clinical equipment series, including medical electronic equipment, medical diagnostic and rehabilitation equipment, medical image equipment, wheelchairs/walking aid products, electronic blood pressure monitors, oxygen inhalators, as well as gynecological and obstetrical instruments, among others. It distributes its products within domestic market and to overseas markets.
JIANGSU YUYUE MEDICAL EQUIPMENT & SUPPLY CO., LTD. 
