{"id":21968,"date":"2023-02-20T00:08:00","date_gmt":"2023-02-19T16:08:00","guid":{"rendered":"https:\/\/flcube.com\/?p=21968"},"modified":"2025-01-19T00:13:47","modified_gmt":"2025-01-18T16:13:47","slug":"chunlizhengda-to-acquire-majority-stake-in-surgimaster-for-medical-power-tools","status":"publish","type":"post","link":"https:\/\/flcube.com\/?p=21968","title":{"rendered":"Chunlizhengda to Acquire Majority Stake in Surgimaster for Medical Power Tools"},"content":{"rendered":"\n<p>Beijing Chunlizhengda Medical Instruments Co., Ltd (<a href=\"https:\/\/www.google.com\/finance\/quote\/1858:HKG\">HKG: 1858<\/a>, <a href=\"https:\/\/www.google.com\/finance\/quote\/688236:SHA\">SHA: 688236<\/a>) is poised to acquire a 60.25% stake in Surgimaster Surgical Co., Ltd, a medical power tool products provider based in Suzhou. The transaction, valued at RMB 11 million (USD 1.6 million), is accompanied by an additional RMB 6.5 million (USD 947,521) investment. Upon completion of these transactions, Chunlizhengda will hold a 70% stake in Surgimaster.<\/p>\n\n\n\n<p><strong>Strategic Expansion into Medical-Surgical Power Unit Business<\/strong><br>Chunlizhengda, a leading developer of high-value orthopedics consumables in China, anticipates that this acquisition will enable it to make significant inroads into the medical-surgical power unit business. The move is expected to enhance Chunlizhengda&#8217;s product portfolio and market presence, leveraging Surgimaster&#8217;s expertise in medical power tool products.<a href=\"https:\/\/flcube.com\/\">-Fineline Info &amp; Tech<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Beijing Chunlizhengda Medical Instruments Co., Ltd (HKG: 1858, SHA: 688236) is poised to acquire a&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAownpewDA:productID":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[7,10,22],"tags":[3201,20,1505,1506],"class_list":["post-21968","post","type-post","status-publish","format-standard","hentry","category-company","category-deals","category-medical-device","tag-chunlizhengda-medical-instruments","tag-finance","tag-hkg-1858","tag-sha-688236"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.6 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Chunlizhengda to Acquire Majority Stake in Surgimaster for Medical Power Tools - Insight, China&#039;s Pharmaceutical Industry<\/title>\n<meta name=\"description\" content=\"Beijing Chunlizhengda Medical Instruments Co., Ltd (HKG: 1858, SHA: 688236) is poised to acquire a 60.25% stake in Surgimaster Surgical Co., Ltd, a medical power tool products provider based in Suzhou. The transaction, valued at RMB 11 million (USD 1.6 million), is accompanied by an additional RMB 6.5 million (USD 947,521) investment. Upon completion of these transactions, Chunlizhengda will hold a 70% stake in Surgimaster.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/flcube.com\/?p=21968\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chunlizhengda to Acquire Majority Stake in Surgimaster for Medical Power Tools\" \/>\n<meta property=\"og:description\" content=\"Navigate the complexities of China\u2019s pharmaceutical industry with precision and clarity. FLCUBE delivers reliable data, news, and intelligence to broaden your horizons and sharpen your decision-making. 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