Aier Eye Hospital Group Co., Ltd. (SZSE:300015) agreed to acquire 91.74% stake in Luzhou Longmatan Aier Eye Hospital Co., Ltd. from Hunan Liangshi Morningstar Medical Industry Management Partnership Enterprise (Limited Partnership) for CNY 17.3 million on July 29, 2024. A cash consideration of CNY 17.34 million will be paid by Aier Eye Hospital Group Co., Ltd. As part of consideration, CNY 17.34 million is paid towards common equity of Luzhou Longmatan Aier Eye Hospital Co., Ltd. The transaction will be financed through equity investment of CNY 17.34 million.

For the period ending December 31, 2023, Luzhou Longmatan Aier Eye Hospital Co., Ltd. reported total revenue of CNY 1.17 billion and net loss of CNY 208.24 million. As of December 31, 2023, Luzhou Longmatan Aier Eye Hospital Co., Ltd. reported total assets of CNY 1.53 billion and total common equity of CNY 414.1 million.

The deal has been approved by the board of directors of Aier Eye Hospital Group Co., Ltd.