M&A
confidence high
sentiment neutral
materiality 0.60
Aixin Life reduces acquisition price for Yunnan Runcansheng to RMB 31.6M (USD 4.55M)
AiXin Life International, Inc.
- Original price of RMB 45.08M reduced to RMB 31.56M (approx US$4.55M) per Supplementary Agreement 2.
- Remaining RMB 26.71M (approx US$3.75M) due within 10 days after equity registration completion.
- Registration delayed by COVID-19 lockdowns in Chengdu; company has already assumed operational control.
- Sellers are Yunnan Sheng Shengyan Technology Co. and Chen Yun; deal for 100% of Yunnan Runcansheng.