Aoxin Q&M Dental Group Proposes to Acquire Second Dental Group in Southern China for RMB 376 Million

NewTimeSpace News: April 20, 2026,Aoxin Q&M Dental Group Limited announced that it entered into a non-binding memorandum of understanding on April 17 regarding the proposed acquisition of a second dental group in southern China. The total proposed consideration is RMB 376 million, consisting of RMB 188 million in cash and RMB 188 million to be satisfied by the issuance of new shares, which will be subject to a 15-year moratorium period. The seller has undertaken a profit guarantee of an aggregate of RMB 358.5 million in consolidated net profit after tax over the 10 years following completion, and will be required to enter into a service agreement of at least 15 years and pledge the consideration shares.

The announcement stated that this proposed acquisition is a strategic step for the Group to expand its footprint in China, aligning with its controlling shareholder's strategy to leverage the Company as its dedicated China platform.

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