Yuyue Medical has a large investment of 700 million yuan to acquire the Machinery Group

Yuyue Medical announced on the evening of June 12 that in order to speed up the promotion and layout of the company's medical consumables and ensure the company's sustainable and stable development, the company plans to acquire the company's controlling shareholder Jiangsu Yuyue Technology Development Co., Ltd. with its own funds of 700 million yuan (below) Referred to as “Yuyue Technology”, it holds 100% equity of Shanghai Medical Devices (Group) Co., Ltd. (hereinafter referred to as “Shangju Group”). Upon completion of the transaction, the company will hold 100% of the equity of Shanghai Machinery Group, and Yuyue Technology will no longer hold the equity of Shanghai Machinery Group.

According to the announcement, on April 23, 2014, 100% of the shares of Shanghai Machinery Group were listed on the Shanghai United Assets and Equity Exchange. The controlling shareholder of the company, Yuyue Technology, was transferred as the intended transferee to 100% of the shares of Shanghai Machinery Group and planned to successfully acquire. Within six months after the 100% equity of the Machinery Group, 100% of the equity of the Shanghe Group will be transferred to Yuyue Medical at the price of the acquisition plus reasonable interest. Yuyue Technology eventually acquired 100% equity of Shangfang Group for 69.944 million yuan. The above equity was transferred to Yuyue Technology on April 2, 2015.

As of the announcement date, the subsidiaries and subsidiaries of Shanghai Machinery Group mainly include Shanghai Medical Devices (Group) Co., Ltd. Surgical Instrument Factory, Shanghai Sanitary Materials Factory Co., Ltd., Shanghai Lianzhong Medical Products Co., Ltd., Shanghai Thales Electronic Tube Co., Ltd. and Shanghai Loka Medical Instrument Co., Ltd., etc.

The core products of Shangmao Group mainly include surgical instruments, sanitary materials and dressings, medicinal plasters, etc. There are many kinds of products, and the core products have high industry status and market share, especially surgical instruments, which are leading enterprises in the domestic industry. And medical hygienic materials, accessories and pastes and other products have greater synergy with the company on the channel. Shangfang Group injected strategic development direction in line with the company's “ home medical equipment and medical high-value consumables”, which is conducive to the rapid expansion of the company in the field of medical high-value consumables and to ensure the sustained and steady growth of the company's performance. With the synergy and integration of the company and the machinery group in product sales, brand operation, production efficiency, etc., this transaction will positively promote the company's profitability, performance growth, product structure and industry status.

Nano Tape

Nano tape

Jerry tape`s Nano tape adopted New nanotechnology, also called magic tape. It has super strong adhesion, No residue, can be washed and reused.

Nano tape



1. Material of Jerry tape's nano tape

Our nano tape adopted New nanotechnology, Added super strong acrylic nano ingredients ,Adhesion increased 20%

Nano Tape


2. Features of Jerry tape's Nano tape

1) Multipurpose

2) Can be washed and reused

3) Strong adhesion

4) No reasidue

5) Easy to cut

3. Applications of jerry tape's Nano tape

Fixing electrical socket, led light; fixing the carpets, hanging kitchen and bathroom tools; car or party decorations, etc. This wonderful magic tape two sided is a Must-Have product in your home.

Nano Tape,Nano Magic Tape,Nano Suction Tape,Reflective Anti Slip Strip

Kunshan Jieyudeng Intelligent Technology Co., Ltd. , https://www.jerrytapes.com