• Ping An Biomedical agreed to acquire Hong Kong intellectual property from Meridian Industries via its wholly owned unit Multi Ridge (Asia).
• Deal consideration set at USD 2.5 million for trademarks and related IP rights in Hong Kong, including associated goodwill and past infringement claims.
• Payment terms call for 90% between July 3 and July 9, 2026, with the remaining 10% due July 10, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ping An Biomedical Co. Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-079453), on July 20, 2026, and is solely responsible for the information contained therein.