Buchang Pharmaceuticals: Holding subsidiary Shandong Buchang Chuanfang plans to invest 4 million yuan to establish a subsidiary.

Pharmaceutical company Bushang announced on the evening of June 20th that its holding subsidiary, Shandong Bushang Chuanfang Pharmaceutical Co., Ltd., and Shandong Bushang Chuanfang plan to jointly invest in the establishment of a new company, Shaanxi Bushang Yishu Pharmaceutical Co., Ltd., with Lingyi Shu Internet Technology Co., Ltd. Shaanxi Bushang Yishu has a registered capital of 5 million yuan, with Shandong Bushang Chuanfang contributing 4 million yuan, holding 80% of the shares.