Guangzhou Boji Biomedical Science and Technology Park Co., Ltd. announced a private placement of common shares for gross proceeds of CNY 33,000,000 on January 13, 2017. The transaction will include participation from returning investor Guangzhou Boji Medical & Biotechnological Co., Ltd. (SZSE:300404) to retain its 100% stake in the company. The registered capital of the company will increase from CNY 67,000,000 to CNY 100,000,000. The transaction has been approved by the board of directors of the investor at its 18th meeting of the 2nd directorate. The transaction is not subject to shareholders’ approval of the investor.