Zhejiang CONBA Pharmaceutical Co.,Ltd. (SHSE:600572) agreed to acquire additional 12.3335% minority stake in Zhejiang CONBA Health Technology Co., Ltd from Hu Bei for CNY 35.3 million on February 17, 2023. Currently, Zhejiang CONBA holds 80% stake in Zhejiang CONBA. Zhejiang CONBA's board of directors approved the transaction.

For the period August 31, 2022, Zhejiang CONBA had CNY 214.988 million.