Jin Medical closes US$159.42 million VIE control acquisition of Huaxia Qiying

PUBT · 1d ago
Jin Medical closes US$159.42 million VIE control acquisition of Huaxia Qiying
  • Closing completed on Sept. 24, 2026 for a VIE-control acquisition of Huaxia Qiying through Erhua Medical Technology (Changzhou).
  • Aggregate consideration set at USD 159.42 million, combining 71,282,488 Class A shares with non-share assets and interests.
  • Separate advisory fee paid in 8,479,560 Class A shares to Veltrion Haskel Holdings and designee Quinnet Section.
  • Post-closing share count reached 158,194,533, including 153,425,476 Class A shares and 4,769,057 Class B shares.
  • Kangma Equity transfer targeted by Sept. 30, 2026; failure by Oct. 31 triggers 622,123 Class A shares as substitute.


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