M&A
confidence high
sentiment neutral
materiality 0.50
AiXin Life completes acquisition of Yunnan Runcansheng, effective Sept 30, 2022
AiXin Life International, Inc.
- Assumed operational control of Yunnan Runcansheng Technology; transfer effective Sept 30, 2022.
- Remaining purchase price of RMB 39,782,600 due within 10 working days after equity registration.
- Waived conditions that change and registration be completed prior to closing.
- Registration delayed by COVID-19 lockdowns in Chengdu; anticipated within two weeks.