Aoxin Q&M Dental Singapore to Acquire Central China Dental Group for RMB 150 Million,Expanding Its Footprint in China
NewTimeSpace News: On March 27, 2026, Aoxin Q&M Dental released an announcement disclosing the signing of a non-binding memorandum of understanding on the proposed acquisition of a central China dental group on March 25. According to the announcement, the target central China dental group is headquartered in central China, operating nearly 30 dental clinics with 80 dentists and also engaging in medical device-related businesses.
Pursuant to the announcement, the transaction consideration of RMB 150 million is subject to adjustment based on due diligence, and will be paid in two parts of RMB 75 million each in cash and new shares respectively: the cash portion will be paid in two installments, the issue price of new shares will be set at two tiers, and the consideration shares will be subject to a 15-year lock-up period. Aoxin Q&M Dental stated that this acquisition is aligned with the strategy of its controlling shareholder, and the company will leverage the target company’s clinic network and business resources in central China to achieve synergistic development and strengthen its competitiveness in the central China market.
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