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Medlive Technology Co., Ltd. ( (HK:2192) ) has provided an update.
Medlive Technology Co., Ltd. announced an adjustment to the consideration for acquiring a 60% equity interest in Beijing Focus Innovation Technology Co., Ltd. The adjustment was made because the accumulated audited net profits of Beijing Focus did not meet the guaranteed profit target, leading to a reduction in the total consideration from RMB48,000,000 to RMB37,868,260. This adjustment impacts the payment distribution to the sellers and reflects the company’s strategic financial management in response to performance metrics.
More about Medlive Technology Co., Ltd.
Medlive Technology Co., Ltd. operates in the technology sector, focusing on healthcare solutions. The company provides digital platforms and services aimed at enhancing medical information dissemination and healthcare management.
YTD Price Performance: 30.44%
Average Trading Volume: 4,582,318
Technical Sentiment Signal: Sell
Current Market Cap: HK$9.48B
Learn more about 2192 stock on TipRanks’ Stock Analysis page.