Xinxing Cathay International Capital Holdings Limited agreed to acquire a 43% stake in Shanghai Listent Medical Tech Co., Ltd. from Hainan Haiyao Co., Ltd. (SZSE:000566) for approximately CNY 240 million on October 20, 2022. Buyer needs to pay CNY 166.754 million remaining in terms of consideration. For the period June 30, 2022, Shanghai Listen had CNY 374.55 of total assets.

Xinxing Cathay International Capital Holdings Limited agreed completed the acquisition of 43% stake in Shanghai Listent Medical Tech Co., Ltd. from Hainan Haiyao Co., Ltd. (SZSE:000566) on January 7, 2023.