Huang Feipeng cancelled the acquisition of additional 14.29% minority stake in Youshi Medical Treatment Technology Co., Ltd. from Jiangsu Alcha Aluminium Group Co., Ltd..
April 22, 2021
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Huang Feipeng agreed to acquire an additional 14.29% stake in Youshi Medical Treatment Technology (Suzhou) Co., Ltd. from Jiangsu Alcha Aluminium Group Co., Ltd. (SZSE:002160) for CNY 29.3 million on April 22, 2020. Post completion, Huang Feipeng and Jiangsu Alcha Aluminium Group Co., Ltd. will hold 56.2857% and 3.8828% stake in Youshi Medical Treatment Technology respectively. Youshi Medical Treatment Technology reported total assets of CNY 41.3 million, revenue of CNY 11.6 million, net assets of CNY 31.5 million and net loss of CNY 23.6 million as of December 31, 2019. The transaction is approved by the Board of Directors of Jiangsu Alcha Aluminium Group Co., Ltd.
Huang Feipeng cancelled the acquisition of additional 14.29% minority stake in Youshi Medical Treatment Technology (Suzhou) Co., Ltd. from Jiangsu Alcha Aluminium Group Co., Ltd. (SZSE:002160) on April 22, 2021.
JIANGSU ALCHA ALUMINIUM GROUP CO., LTD., formerly JIANGSU ALCHA ALUMINIUM CO., LTD., is a China-based company principally engaged in the manufacture and sales of aluminum foil products. The Company operates two segments. The Aluminum Foil segment provides aluminum foils for air conditioners, aluminum foils for sheets, alloy aluminum foil including aluminum foils for automobiles. The Medical Cleaning segment is engaged in the design and provision of cleaning equipment and others. The Company distributes its products within domestic market and to overseas markets.
Huang Feipeng cancelled the acquisition of additional 14.29% minority stake in Youshi Medical Treatment Technology Co., Ltd. from Jiangsu Alcha Aluminium Group Co., Ltd..
JIANGSU ALCHA ALUMINIUM GROUP CO., LTD. 
