Weili Medical Acquires 100% of Suzhou Jiuyang Small Appliances

Weili Medical announced that the company plans to purchase 100% equity of Suzhou Jiuyang Small Electrical Appliance Co., Ltd. held by Jiuyang Holding for RMB 107 million. The purpose of this acquisition of Suzhou Jiuyang is mainly based on the needs of the company's operations and development. Yang existing plant and land as the company's medical and health industry strategic layout of the land reserve, in line with the company's development strategy and long-term development goals.

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