ANGELALIGN (06699) announced that on August 25, 2025, the company's wholly-owned subsidiary Wuxi ANGELALIGN entered into an investment agreement with Shanghai MakerFill and its existing shareholders. Under the agreement, Wuxi ANGELALIGN has conditionally agreed to subscribe for 5% of Shanghai MakerFill's expanded registered capital for a cash consideration of RMB 10 million. Upon completion of the investment, the Group will beneficially own approximately 9.7% equity interest in Shanghai MakerFill.
According to the announcement, Shanghai MakerFill, an associate company of Songbai Investment Group, is one of the leading suppliers of raw materials, accessories and equipment for the invisible orthodontic industry. Given the increasing demand for raw materials in the invisible orthodontic production process due to the Group's growing invisible orthodontic business, the directors believe it is crucial for the Group to secure reliable raw material suppliers that can continuously provide high-quality products and establish long-term cooperative relationships with such suppliers.
The Group believes that this investment can further strengthen cooperation with Shanghai MakerFill, thereby bringing synergistic benefits to the Group's business development.