Announced
Financials
Tags
Domestic
Majority
Acquisition
medical equipment
Single Bidder
Medical Equipment
Private
Friendly
Pending
China
Synopsis
So-Young International, which operates online platform providing medical aesthetic information, agreed to invest $122m in Wuhan Miracle Laser Systems, which manufactures medical equipment. "We believe that China's medical aesthetics industry possesses huge growth potential and we are especially optimistic about non-surgical medical aesthetics. We hope our strategic investment in Wuhan Miracle will enable us to continue to seize the opportunities of the industry and bring greater returns to our shareholders," Xing Jin, So-Young Chairman and CEO.
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