Brand new: wholly-owned subsidiary intends to acquire 60% of the equity of Yilian Medical for 12 million yuan.
New announcement: Zhejiang New Good Pharmaceutical Co., Ltd., a wholly-owned subsidiary, plans to use its own funds of 12 million yuan to acquire 60% equity of Zhejiang Yilian Medical Equipment Co., Ltd. held by Zhejiang Qilian Medical Management Co., Ltd. After this transaction is completed, Yilian Medical will become a subsidiary of New Good Pharmaceutical and will be included in the company's consolidated financial statements. This transaction aims to strengthen the medical business foundation of New Good Pharmaceutical and enhance its overall competitiveness.
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