LifeTech Scientific Corporation Announces RMB150 Million Equity Investment in Affector Medtech

Reuters

06-09

LifeTech Scientific Corporation Announces RMB150 Million Equity Investment in Affector Medtech

LifeTech Scientific Corporation has announced a strategic equity investment in Affector Medtech (Suzhou) Ltd., a high-tech company in China specializing in electrophysiology and innovative medical devices. The investment, totaling RMB150 million, will be made through LifeTech's wholly-owned subsidiary, Lifetech Scientific (Shenzhen) Co., Ltd., and will be disbursed in stages contingent upon the achievement of specific milestones, such as securing employment contracts and obtaining necessary regulatory approvals from the China National Medical Products Administration. The investment will be financed through the Group's internal resources and does not constitute a notifiable or connected transaction under Hong Kong's listing rules.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LifeTech Scientific Corporation published the original content used to generate this news brief on June 09, 2025, and is solely responsible for the information contained therein.

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