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中国生命集团(08296.HK)拟不超1080万元收购广东因微约19.46%股权

Sino-Life Group (08296.HK) plans to acquire Guangdong Yinwei's approximately 19.46% equity for no more than 10.8 million yuan.

Gelonghui Finance ·  Jul 29 11:02

Sino-life group (08296.HK) announced on July 29th that the company and Zhongke Xunda (a wholly-owned subsidiary of the company) have signed an equity transfer agreement with Nanyue Assets on July 29th, 2024. According to the equity transfer agreement, the company and Zhongke Xunda conditionally agreed to purchase Nanyue Assets' equity in Guangdong Yinwei (equivalent to approximately 19.46% equity in Guangdong Yinwei) for a maximum consideration of RMB 10.8 million, and will pay through issuing convertible bonds to Nanyue Assets or its designated person according to the special authorization. After the equity transfer agreement is completed, Zhongke Xunda will hold approximately 19.46% equity in Guangdong Yinwei.

Guangdong Yinwei mainly engages in the development of biochips, high-throughput sequencing, big data cloud computing analysis, and personalized medical consultation services. It provides biochips for biomedical research and clinical diagnosis for medical institutions, physical examination institutions, scientific research institutions, pharmaceutical companies, and other clients, as well as related services.

The group has been actively seeking to diversify its sources of revenue to enhance shareholder returns. The group has formed a business structure with traditional funeral services and emerging biotechnology as the main business. The group has been involved in the biotechnology business since early 2019.

Guangdong Yinwei was founded in 2015 by a team of professional scientists from China's top biophysical institutions. Guangdong Yinwei mainly engages in the development of biochips, high-throughput sequencing, big data cloud computing analysis, and personalized medical consultation services. In recent years, Guangdong Yinwei has achieved great success in the development of biochips for the detection of various diseases, such as tumors, cardiovascular diseases, diabetes, and the nervous system. The directors believe that the acquisition can further enhance the group's research strength and innovation capabilities in the biotechnology industry, and enrich the group's product line, bringing synergy benefits to the existing business of the group. It is expected to achieve investment returns and improve the financial performance of the group after the sale of Guangdong Yinwei's biochip products, aimed at maximizing shareholder returns.

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