# Sino-Tech International to acquire 51% stake in Shandong Deji Medical Supplies

Sino-Tech International Holdings, through its subsidiary Shenzhen Guoke, agreed to acquire a 51% stake in Shandong Deji Medical Supplies for RMB 1. The target produces disposable protective masks, medical masks, protective suits, and other medical supplies.

- Type: Acquisition
- Announced: 2020-02-18
- Where: Shandong, China, China
- Status: announced
- Capacity: minimum 500,000 disposable protective masks per day, minimum 5,000 medical protective suits per day
- Products: disposable protective masks, medical protective masks, medical protective suits, surgical gowns, surgical caps, surgical shoes
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Sino-Tech International Holdings](https://endata.com/companies/45342.md) (acquirer)
- [Shandong Deji Medical Supplies](https://endata.com/companies/45343.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/275021.html), 2020-02-18: "原股东将以人民币1元总价格向国科转让合营公司51%的股权"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.