everbright together with sequoia capital and highlight capital jointly invest in yuyue medical
business related 03 sep 2014
yixing everbright investment co., ltd. (“yixing everbright”), together with sequoia capital and highlight capital, announced that they have jointly invested in jiangsu yuyue medical equipment and supply co., ltd. (“yuyue medical”). established in 2007, yuyue medical is the largest medical equipment manufactory company in terms of revenue and market capitalisation. its a shares are listed in shenzhen stock exchange with stock code: 002223.sz.
in this transaction, the three co-investors spent more than rmb850 million in total, to acquire 7% shares of yuyue medical from its controlling shareholder. among others, yixing everbright contributed approximately rmb360 million, amounted 42.17% of the total investment. yixing everbright also holds about 50% stake of the gp company in the investment vehicle, which demonstrates a significant role in the transaction in terms of investment amount and influence in the deal.
for more information about yuyue medical, please visit .
in this transaction, the three co-investors spent more than rmb850 million in total, to acquire 7% shares of yuyue medical from its controlling shareholder. among others, yixing everbright contributed approximately rmb360 million, amounted 42.17% of the total investment. yixing everbright also holds about 50% stake of the gp company in the investment vehicle, which demonstrates a significant role in the transaction in terms of investment amount and influence in the deal.
for more information about yuyue medical, please visit .
