Ningbo Sanxing Medical Electric Co.,Ltd. (SHSE:601567) signed a letter of intent to acquire 60% stake in FOXYTECH Sp. z o.o from Sonel S.A. (WSE:SON) on September 4, 2019.

Ningbo Sanxing Medical Electric Co.,Ltd. (SHSE:601567) completed the acquisition of 60% stake in FOXYTECH Sp. z o.o from Sonel S.A. (WSE:SON) on March 23, 2020.