Tongchuang Medical: Acquires 100% equity of Shanghai Cunji Dental Clinic, with a total transaction amount of 46 million yuan.

date
22/08/2025
Tongji Medical announced that its wholly-owned subsidiary Tongji Storied Dental Investment has acquired 99% of the equity of Shanghai Storied Dental Clinic, with Hangzhou Tongsheng Medical Investment Management Co., Ltd. acquiring the remaining 1% equity, with a total transaction amount of 46 million yuan. The target company is a wholly-owned subsidiary of Shanghai Tongji Storied Dental Hospital Co., Ltd., and this transaction constitutes a related party transaction. The company stated that this acquisition will enhance the brand's influence and popularity in the high-end market, optimize business area layout and product service structure.