Weigao Weigao Orthopedics plans to acquire Xinsheng Medical for RMB 1.03 billion

Weigao Xinsheng is a research and development manufacturer of medical supplies. The company focuses on the research and development, production and sales of high-tech products. At present, it has formed four series of product lines: tissue repair product line, extracardiac and extracorporeal circulation product line, assisted reproductive product line and Respiratory Therapy Product Line. Recently, Weigao Orthopedics plans to purchase 100% equity of Weigao Xinsheng Medical held by Weigao Biotechnology, Weigao Fusen, Weigao Medical Imaging and Weigao Qiqi in cash. The transaction amount is 1.03 billion yuan.

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