Yangtianhe Pharmacy Co., Ltd. signed Share Transfer Agreement to acquire 7% stake in Guangdong Jiaying Pharmaceutical Co., Ltd (SZSE:002198) from Chen Shaobin for approximately CNY 360 million on July 9, 2024. A cash consideration of CNY 355.26 million will be paid by Yangtianhe Pharmacy Co., Ltd at a price of CNY 10 per share. As part of consideration, CNY 355.26 million is paid towards common equity of Guangdong Jiaying Pharmaceutical Co., Ltd.