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282.2 acres! The Wuqing Development Area effectively revitalizes existing assets!
On the afternoon of May 9th, Tianjin UDA Industrial Investment Group Co., Ltd. (hereinafter referred to as "UDA Industrial Investment Group") signed an equity acquisition agreement with LG Hausys (Tianjin) Co., Ltd. (hereinafter referred to as "LG Hausys"), acquiring 100% of the equity of LG Hausys. This marks the successful implementation of another major acquisition project by UDA Industrial Investment Group.
The acquisition project is located at No. 12, Quanfa Road, Wuqing Development Area, covering an area of about 282.2 acres with a building area of approximately 65,000 square meters. UDA Industrial Investment Group, through hiring professional teams such as accounting firms, law firms, and asset evaluation companies, conducted a comprehensive due diligence and assessment of the project. With the strong support of the Wuqing District Committee and District Government, and under the guidance of relevant departments such as the District State-owned Assets Supervision and Administration Commission, the District Planning and Natural Resources Bureau, and the District Housing and Urban-Rural Development Commission, the acquisition work was officially launched in January of this year. The acquisition is based on revitalizing the park's assets and meeting the demands of enterprises. After repeated negotiations and communications with the project party, a feasible acquisition plan was designed, and it was ultimately decided to acquire 100% of the equity of LG Hausys through a debt-bearing equity acquisition method.
A person in charge of UDA Industrial Investment Group introduced that to promote the high-quality development of the biopharmaceutical industry sector in Wuqing District, in the future, the Wuqing Development Area will join hands with Super Extraordinary International Medical Technology (Tianjin) Co., Ltd. to develop this project and create the "UDA Extraordinary International Medical Device Industry Park." The initial plan includes five major functional areas: a large-scale manufacturing area, a CXO integrated pilot base, a quality inspection + small-scale manufacturing area, a cold chain logistics storage area, and a public service area, aiming to build a medical device industry cluster with cutting-edge technology and diverse business forms.
UDA Industrial Investment Group is a fully developed industrial investment and operation platform of the Wuqing Development Area. The company has a registered capital of 3 billion yuan and focuses on industrial park development, operation, service, investment, mergers and acquisitions, and regional recruitment to empower the high-quality development of the park. In the next step, the Wuqing Development Area and UDA Industrial Investment Group will take the "Three New Initiatives" and "Three Quantitative Goals" as the focus of their work, and concentrate on three main areas: industrial investment, science and technology finance, and industrial services.
Source：China Tianjin Wuqing Development Area
Release Time：2025-05-09 17:19:00
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