MicroPort Scientific Deconsolidates NeuroScientific Corporation After Board Changes

Reuters2025-12-30
MicroPort Scientific Deconsolidates NeuroScientific Corporation After Board Changes

MicroPort Scientific Corporation has completed the deconsolidation of MicroPort NeuroScientific Corporation following the appointment of an independent non-executive director to the board of the target company. Prior to this appointment, MicroPort Scientific controlled the board of MicroPort NeuroScientific Corporation. With the new board composition, MicroPort Scientific determined that it no longer controls the target company but retains significant influence. The company will record any gain on the disposal of its subsidiary based on the fair value of its equity interest and the net asset value of the target company as of the loss of control, subject to final audit review.

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