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Announcements

• Announcement (20151010): Corporate Transformation
• 10/10/2015
• 
           As a key development strategy, Foryou Corporation would focus on its main business, with Car-Electronics, Precision Parts, and LED included. The business of its Wholly Owned Subsidiary Company, Foryou Medical Electronics Co., Ltd. (FME), would be separated from Foryou Corporation.
           The management of FME has established 4L Health Co., Ltd. (4L Health), which would bought the tangible assets of FME, including the raw materials, finished products, moulds, etc., as well as the intangible assets, including the patents, technical data, know-how, etc. And 4L Health would undertake all the obligations of repair and maintenance to the products sold by FME before.
           In June 2nd, 2015, the acquisition has been completed.
  
           Upon completion of the acquisition:
           1. 4L Health has achieved the ISO13485 Certificates (TÜV SÜD Certificate No.: Q1N 15 07 92794 001. SGS Certificate No.: CN13/30292) and the CE Certificates (TÜV SÜD Certificate No.: G1 15 07 92794 002. SGS Certificate No.: CN13/30293). And 4L Health would produce and sell NPWT products. The products by 4L Health would keep the same with the previous products by FME, except for the differences in the company names and related information in the labeling, packaging and user manuals.
           2. FME’s ISO13485 Certificate (TÜV SÜD Certificate No.: Q1N 12 06 78968 004) and the CE Certificate (TÜV SÜD Certificate No.: G1 12 02 78968 002) would expire automatically after the expiration date.
           3. The finished products of FME have been transferred to 4L Health. Within the validity periods of the products and certificates, the products would be on sell, with the labeling, packaging and user manuals, etc. keep the same as before. 4L Health would undertake all the obligations of repair and maintenance to the products.
           4. 4L Health would undertake all the obligations of repair and maintenance to the products within the validity periods, which were sold by FME before. The expired products should be scrapped. 4L Health and FME shall NOT be liable for any risks, loss, or adverse events associated with the use of any expired product.
           5. The following products are involved during the transfer: NPWT Devices (NP32 & NP50), NPWT Dressing Kits (DK10 Series), Canister Kits (CA32 & CA50), etc.
           6. The contact information of 4L Health would be the same with the previous contact information of FME, with website (www.ForyouNPWT.com), Email (info@foryouNPWT.com), Telephone No. (+86 752 5300952), and Fax No. (+86 752 5300546) included. The EC representative would keep the same.
  
           For more information, please contact us.
           1. 4L Health Co., Ltd.
           Address: No. 108, Dongxin Rd., Dongjiang High-Tech Dist., Huizhou City, Guangdong, 516000, P. R. China
           Tel: +86-752-5300952
           Fax: +86-752-5300546
           Email: info@ForyouNPWT.com
           www.ForyouNPWT.com
           2. European Representative
           Shanghai International Holding Corp. GmbH (Europe)
           Eiffestrasse 80, 20537 Hamburg, GERMANY
           Tel: +49 40 2513175
           Fax: +49 40 255726
  
           4L Health Co., Ltd.