Huashen Technology (000790.SZ) subsidiary plans to transfer the equity interests and related technology of the holder of the license for the marketing of smokeless moxibustion sticks at a price of 18 million yuan.

China Fortune Financial News App News, Huashen Technology (000790.SZ) announced that its subsidiary, Chengdu Huashen Technology Group Co., Ltd. Pharmaceutical Factory (referred to as "Huashen Pharmaceutical Factory"), intends to transfer its held "smokeless moxibustion strip approval holder rights and related technology" to Sichuan Binjiang Pharmaceutical Co., Ltd. (referred to as "Binjiang Pharmaceutical") for a total amount of RMB 18 million (tax included).