Shanghai Kinetic Medical Co., Ltd completed the acquisition of 5% stake in Sinopharm SteriGuard Medical Service Co.,Ltd from Ningbo Meishan Free Trade Port Zone Qirui Equity Investment Center (Limited Partnership).
December 22, 2020
Share
Shanghai Kinetic Medical Co., Ltd (SZSE:300326) signed the equity transfer agreement to acquire 5% stake in Sinopharm SteriGuard Medical Service Co.,Ltd from Ningbo Meishan Free Trade Port Zone Qirui Equity Investment Center (Limited Partnership) on November 16, 2020. In a related transaction, Shanghai Kinetic Medical Co., Ltd agreed to acquire 51% stake in Sinopharm SteriGuard Medical Service Co.,Ltd from SINOPHARM Medicine Holding Co., Ltd. Post-completion, Shanghai Kinetic Medical Co., Ltd will hold 56% stake in Sinopharm SteriGuard Medical Service Co.,Ltd.
Shanghai Kinetic Medical Co., Ltd (SZSE:300326) completed the acquisition of 5% stake in Sinopharm SteriGuard Medical Service Co.,Ltd from Ningbo Meishan Free Trade Port Zone Qirui Equity Investment Center (Limited Partnership) on December 23, 2020.
Shanghai Kinetic Medical Co., Ltd is a China-based company principally engaged in the research, development, manufacture and sale of minimally invasive surgical systems. The Company is mainly engaged in the research, development, manufacture and sale of minimally invasive interventional surgical systems for vertebroplasty, the research, development, manufacture and sale of orthopedic medical devices, such as orthopedic implants and orthopedic surgical instruments, as well as the development, manufacture and sale of drug-eluting coronary stents. The Company operates its business in domestic market.
Shanghai Kinetic Medical Co., Ltd completed the acquisition of 5% stake in Sinopharm SteriGuard Medical Service Co.,Ltd from Ningbo Meishan Free Trade Port Zone Qirui Equity Investment Center (Limited Partnership).
SHANGHAI KINETIC MEDICAL CO., LTD 
