Aoyuan Healthy to acquire 55% equity interest in Liantianmei
Category: #health  By Pankaj Singh  Date: 2020-09-22
  • share
  • Twitter
  • Facebook
  • LinkedIn

Aoyuan Healthy to acquire 55% equity interest in Liantianmei

Aoyuan Healthy Life Group Company Ltd., a renowned commercial property operation service and property management service provider based in China, has reportedly announced that Guangdong Xinyuerong Industrial Investment Company Limited, the firm’s indirect wholly owned subsidiary, would procure an equity interest of 55% in Zhejiang Liantianmei Corporate Management Company Limited. Aoyuan would be paying over ¥691 million for the equity stake.

Aoyuan Healthy already held a 5% indirect equity interest in Liantianmei before the new stake acquisition. The company would now possess a 60% equity interest in the firm. The Chinese giant intends to take Liantianmei to the top in the list of medical aesthetics companies.

The acquisition looks to fulfill the company’s aim to use its resources to develop and enhance its medical beauty business, which would further help the company offer healthy lifestyle services to homeowners across the estate managed by the company as well as customers. Additionally, this acquisition would also enable the firm to provide its commercial property operation and property management businesses full play and also improve the synergy between its three main businesses.

Liantianmei is a renowned medical aesthetic service company serving in Zhejiang province, with its operations going back 37 years. As one of the key pillars of the nation’s medical aesthetic sector, Liantianmei has been facilitating comprehensive medical aesthetic services, including aesthetic dermatology services, minimally invasive aesthetic services, and aesthetic surgery services.

Presently, two medical aesthetic hospitals are managed by the company with an aggregate operating area spanning about 30,000 sq. meters. Both hospitals have gained the qualifications to work as formal medical institutions and have also obtained both the “5A” Rating Management standards. Likewise, these private hospitals also have the operational qualifications required for standardized medical institutions, along with the Level 4 High Complexity Surgery qualification.

Source credit: https://www.taiwannews.com.tw/en/news/4013335



About Author

Pankaj Singh

Email: [email protected]   

Pankaj Singh

Pankaj Singh Develops content for Market Size Forecasters, Algosonline, and a couple of other platforms. A Post Graduate in Management by qualification, he worked as an underwriter in the UK insurance domain before deciding to switch his field of profession. With exp...

Read More

More News By Pankaj Singh

AstraZeneca bags CHMP’s recommendation for Trixeo Aerosphere & Forxiga
AstraZeneca bags CHMP’s recommendation for Trixeo Aerosphere & Forxiga
By Pankaj Singh

 

  • AstraZeneca is likely to get approval from the EU after receiving a recommendation from CHMP
  • AstraZeneca is also cleared to resume i...

Tata Consumer possibly looking to join hands with CCD’s retail outlets
Tata Consumer possibly looking to join hands with CCD’s retail outlets
By Pankaj Singh

TCPL (Tata Consumer Products) is apparently on the lookout for signing a partnership deal with Cafe Coffee Day’s retail outlets. The thought possibly takes shape on the back of the fact that the deal may offer sy...

NuVera announces positive data from FIH feasibility study at TCT meet
NuVera announces positive data from FIH feasibility study at TCT meet
By Pankaj Singh

NuVera Medical Inc., a privately held firm focused on developing novel imaging platform for complex cardiovascular procedures, has reportedly presented positive outcomes from its FIH (First-in-human) feasibility study ...