Shanghai Futuo Biotech Development Co., Ltd. announced that it will receive CNY 200,000,000 in an equity round of funding from existing investors Shanghai Fosun Pharmaceutical (Group) Co., Ltd. (SHSE:600196) and Shanghai Fosun Health Industry Holding Company Limited on January 10, 2018. Shanghai Fosun Pharmaceutical (Group) Co., Ltd. (SHSE:600196) will invest CNY 102,000,000 and Shanghai Fosun Health Industry Holding Company Limited will invest CNY 98,000,000 in the transaction.