Mai Pu Medical: Issuing shares to acquire 100% equity of Yi Jie Medical approved by the Shenzhen Stock Exchange.
Maipu Medical announced that the company plans to issue shares and pay cash to purchase 100% equity of Guangzhou Yi Jie Medical Technology Co., Ltd., held by 10 transaction parties including Guangzhou Zexin Medical Technology, and raise supporting funds. On June 26th, the M&A Review Committee of the Shenzhen Stock Exchange approved the transaction, stating that it meets the conditions for restructuring and disclosure requirements. The transaction still requires approval from the China Securities Regulatory Commission before it can be implemented, and the approval and timing are still uncertain.
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