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Republic Healthcare to sell Life Ark (Shenzhen) unit for RMB 13.7 million

PUBT·08/31/2026 08:35:10
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Republic Healthcare to sell Life Ark (Shenzhen) unit for RMB 13.7 million
  • Republic Healthcare agreed to sell its entire stake in Life Ark (Shenzhen) Technology to Shenzhen Ronghui Renhe Life Technology for RMB 13.7 million.
  • Transfer targeted for Aug. 31, 2026, with cash consideration due by Dec. 31, 2026; no deposit, escrow, or guarantee.
  • Buyer faces restrictions on selling or pledging the stake until full payment; late payments incur 0.03% daily liquidated damages.
  • Non-payment by Dec. 31, 2026 allows the stake to be transferred back for nil consideration, alongside recovery claims for losses.
  • Group expects an unaudited disposal gain of about RMB 7.96 million, based on the target’s RMB 5.74 million net assets at May 31, 2026.


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. Republic Healthcare Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260831-12307975), on August 31, 2026, and is solely responsible for the information contained therein.