Guangzhou Mingzhu Health Yamashiro Co., Ltd. entered into an agreement to acquire 3.88% stake in Guangdong Mingzhu Health & Regimen Co., Ltd. from Guangdong Mingzhu Group Co., Ltd. (SHSE:600382) for CNY 50 million on January 29, 2018. Upon completion, Guangdong Mingzhu Group Co., Ltd. will hold no stake in Guangdong Mingzhu Health & Regimen Co., Ltd. the consideration will be paid within 10 days from agreement date. Guangzhou Mingzhu Health Yamashiro Co., Ltd. cancelled the acquisition of 3.88% stake in Guangdong Mingzhu Health & Regimen Co., Ltd. from Guangdong Mingzhu Group Co., Ltd. (SHSE:600382) on January 29, 2019.