Huada Jiutian: plans to acquire 100% equity of Xinda Chip through Shenzhen Jiutian

Gaoneng Lijia is a research and development company of medical waste packaging and garbage collection containers. It is mainly engaged in the research and development of new material alternative products for medical sharps boxes, and is committed to meeting the needs of users. Recently, Huada Jiutian intends to acquire 100% equity of Xinda Chip Technology Co., Ltd. through its wholly-owned subsidiary Shenzhen Jiutian for US$10 million in cash. After the investment is completed, the target company will become a wholly-owned subsidiary of Shenzhen Jiutian.

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