Ningbo Meishan Bonded Port Area District Yongcheng Yuhua Equity Investment Partnership Enterprise agreed to acquire Inner Mongolia BIOK Biology Co., Ltd. from Zhejiang Shenghua Biok Biology Co.,Ltd (SHSE:600226) for CNY 59.8 million on January 20, 2017. On January 20, 2017, Board of Directors of Zhejiang Shenghua Biok Biology Co.,Ltd approved the transaction. The transaction does not need approval from the shareholders of Zhejiang Shenghua Biok Biology Co.,Ltd.