Winner Medical Co., Ltd. completed the acquisition of Guilin Zizhu Latex Products Co., Ltd. from China Resources Zizhu Pharmaceutical Co., Ltd.
June 29, 2022
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Winner Medical Co., Ltd. (SZSE:300888) agreed to acquire Guilin Zizhu Latex Products Co., Ltd. from China Resources Zizhu Pharmaceutical Co., Ltd. for CNY 450 million on April 28, 2022. Guilin Zizhu Latex Products has reported total assets of CNY 305.2308 million and net profit of CNY 50.8541 million on December 31, 2021.
Winner Medical Co., Ltd. (SZSE:300888) completed the acquisition of Guilin Zizhu Latex Products Co., Ltd. from China Resources Zizhu Pharmaceutical Co., Ltd. on June 29, 2022.
Winner Medical Co Ltd is a China-based company mainly engaged in the research and development, production and sales of cotton products. The Company's products mainly include medical dressings such as imitation gauze sheets and gauze pads; pure cotton soft towels, pure cotton wet wipes, cotton surface sanitary napkins and other healthy consumer products; and cotton spunlace non-woven fabrics. The Company's products are applied in medical and health, personal care, home care, maternal and child care, and home textiles. The Company distributes its products under two major brands, including winner and Purcotton. The Company distributes its products in domestic market and to overseas markets.