Shinva Medical Instrument Co., Ltd. (SHSE:600587) signed an agreement to acquire 40% stake in Xinhua Surgical Instruments Co., Ltd. from Aesculap International Gmbh for CNY 48.2 million on December 31, 2021. Within 5 working days after the completion of the transfer, the Company will pay the full amount. Xinhua Surgical Instruments reported total assets as approximately CNY 210 million and net assets as approximately CNY 120 million for the period end on September 30, 2021.