Aier Eye Hospital Group Co., Ltd. (SZSE:300015) agreed to acquire 70% stake in Laiyang Aier Eye Hospital from Hunan Liangshi Changyin Medical Industry Investment Fund Partnership (Limited Partnership) for CNY 14.7 million on July 29, 2024.

For the period ending December 31, 2023, Laiyang Aier Eye Hospital reported total revenue of CNY 10.37 million and net loss of CNY 0.93 million. As of December 31, 2023, Laiyang Aier Eye Hospital reported total assets of CNY 14.77 million and net liabilities of CNY 1.66 million.

The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board. The transaction will be financed by own funds.