Zhonghong Pulin Medical Products Co., Ltd. completed the acquisition of 70% stake in Shenzhen MedRena Biotech Co., Ltd. from Zhao Guoqing, Feng Qishan, Wang Chunyan,Zhang Caihuan and Shenzhen Qihui Investment Consulting Enterprise (Limited Partnership) for CNY 58.8 million.
October 22, 2023
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Zhonghong Pulin Medical Products Co., Ltd. (SZSE:300981) agreed to acquire 70% stake in Shenzhen MedRena Biotech Co., Ltd. from Zhao Guoqing, Feng Qishan, Wang Chunyan,Zhang Caihuan and Shenzhen Qihui Investment Consulting Enterprise (Limited Partnership) for CNY 58.8 million on September 27, 2023. Shenzhen MedRena Biotech Co., Ltd reported Total assets worth CNY 31.2 million and Total common equity of CNY 23.1 million in April 30, 2023. Zhonghong Pulin Medical Products' board of director's approved the transaction.
Zhonghong Pulin Medical Products Co., Ltd. (SZSE:300981) completed the acquisition of 70% stake in Shenzhen MedRena Biotech Co., Ltd. from Zhao Guoqing, Feng Qishan, Wang Chunyan,Zhang Caihuan and Shenzhen Qihui Investment Consulting Enterprise (Limited Partnership) for CNY 58.8 million on October 23, 2023.
Zhonghong Pulin Medical Products Co Ltd is a China-based company principally engaged in the research and development, production and sales of medical and industrial disposable protective gloves such as nitrile gloves and Polyvinyl Chloride (PVC) gloves. The Company's main products include disposable nitrile gloves and PVC gloves, latex gloves and Polyethylene (PE) gloves for health protection. The Company's products are mainly used in the medical industry. In addition, the Company's products are also widely used in food processing, fast food services, precision electronic processing, household daily use and other fields. The Company distributes its products both in the domestic market and to overseas markets.
Zhonghong Pulin Medical Products Co., Ltd. completed the acquisition of 70% stake in Shenzhen MedRena Biotech Co., Ltd. from Zhao Guoqing, Feng Qishan, Wang Chunyan,Zhang Caihuan and Shenzhen Qihui Investment Consulting Enterprise (Limited Partnership) for CNY 58.8 million.