Shenzhen Xinshen Hospital Management Co., Ltd. agreed to acquire Shezhen Sanjiu Hospital Co., Ltd from China Resources Sanjiu Medical & Pharmaceutical Co., Ltd. (SZSE:000999) and China Resources Pharmaceutical Investment Co., Ltd for CNY 1.1 billion on January 2, 2019. China Resources Sanjiu Medical & Pharmaceutical signed the property transactions contract with Shenzhen Xinshen Hospital Management Co., Ltd on January 22, 2019. Under the terms, China Resources Sanjiu Medical & Pharmaceutical will receive CNY 925.8 million for selling 82.89% stake and China Resources Pharmaceutical Investment will receive CNY 191.1 million for selling 17.11% stake in Shezhen Sanjiu Hospital.