Aier Eye Hospital Group Co., Ltd. (SZSE:300015) agreed to acquire 70% stake in Zhuji Aier Eye Hospital Co., Ltd. from Hunan Liangshi Changyin Medical Industry Investment Fund Partnership Enterprise (LP) for CNY 23.1 million on July 29, 2024.

For the period ending December 31, 2023, Zhuji Aier Eye Hospital Co., Ltd. reported total revenue of CNY 17.09 million and net loss of CNY 0.53 million. As of December 31, 2023, Zhuji Aier Eye Hospital Co., Ltd. reported total assets of CNY 19.76 million and net liabilities of CNY 5.66 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.