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Other Disclosures7979SHOFU INC.Electrical Equipment and Precision Instruments

Notice Regarding the Investment in MEM Dental Technology Co., Ltd.

The Company subscribed to a third-party allotment of new shares conducted by Taiwanese orthodontic products manufacturer MEM Dental Technology Co., Ltd. and acquired shares in the company. Through this investment, the Company will strengthen its medium- to long-term collaboration with MEM in product development, sales and other areas.

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63In focus
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Improvement
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Wording
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Announced details

High-quality ceramic bracketsAlignersResin materials and other products
Applicable field (uses covered by this announcement)

Orthodontic treatment and orthodontics business

Relationship between the counterparty and the company
SHOFU INC.7979
Relationship with the Company

The Company subscribed to a third-party allotment of new shares conducted by MEM and acquired shares in the company. The two companies will collaborate in product development, sales and business expansion.

CounterpartyMEM Dental Technology Co., Ltd.

Head office: Tainan City, Taiwan. Address: 2F, No. 22, Lane 31, Section 1, Huandong Road, Xinshi District, Tainan City, Southern Taiwan Science Park. Date established: 20 October 2008. Representative: Chairman and General Manager Wei Congzhe (魏聰哲). Business: Development and manufacture of orthodontic products.

Location (as indicated in this announcement)

2F, No. 22, Lane 31, Section 1, Huandong Road, Xinshi District, Tainan City, Southern Taiwan Science Park; dental laboratory manufacturing sites in Japan

Contract Value

Going private

The company does not address Offering price / Impact on Business Performance.

Announced details
ItemDetails
Names of Products / Services CoveredHigh-quality ceramic brackets, Aligners, Resin materials and other products
CounterpartyMEM Dental Technology Co., Ltd.
Counterparty overviewHead office: Tainan City, Taiwan. Address: 2F, No. 22, Lane 31, Section 1, Huandong Road, Xinshi District, Tainan City, Southern Taiwan Science Park. Date established: 20 October 2008. Representative: Chairman and General Manager Wei Congzhe (魏聰哲). Business: Development and manufacture of orthodontic products.
Relationship with the CompanyThe Company subscribed to a third-party allotment of new shares conducted by MEM and acquired shares in the company. The two companies will collaborate in product development, sales and business expansion.
Contract ValueGoing private
Applicable areaOrthodontic treatment and orthodontics business
Location2F, No. 22, Lane 31, Section 1, Huandong Road, Xinshi District, Tainan City, Southern Taiwan Science Park; dental laboratory manufacturing sites in Japan
Items this document does not state (11)
Offering priceContract DateLaunch dateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateLocation scaleQuantitative EffectsUsage historyImpact on Business PerformanceSource

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To drive growth and enhance competitiveness in the orthodontics business, secure a stable product supply system, deepen collaboration in product development and business expansion, and strengthen the business foundation with a view to global expansion.

How to read this page

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Investment in MEM Dental Technology Co., Ltd. | SHOFU INC. (7979) timely disclosure | Komori