Hainan Kesheng Investment Holding Co., Ltd. signed an agreement to acquire Shanghai Kang'ende Medical Technology Co., Ltd. from Shenyang Xingqi Pharmaceutical Co., Ltd. (SZSE:300573) for CNY 33.2 million on July 9, 2021. As a part f the consideration, CNY 3.72 million will be paid for the target company, CNY 24.28 million will be paid for target assets and CNY 5.16 million for all the target contracts transferred price. As of April 30, 2021, Shanghai Kang'ende Medical Technology reported total assets of CNY 31.74 million, total liabilities of CNY 29.42 million and net assets of CNY 2.33 million.

Hainan Kesheng Investment Holding Co., Ltd. completed the acquisition of Shanghai Kang'ende Medical Technology Co., Ltd. from Shenyang Xingqi Pharmaceutical Co., Ltd. (SZSE:300573) on December 30, 2021.