Zhitong Finance App News, Sihuan Pharmaceutical (00460.HK) issued an announcement. Recently, Qiyan Space Biotechnology (Jilin) Co., Ltd. (Qiyan Space), a subsidiary of the Group, has completed a strategic equity investment in Guangzhou Hanteng Biotechnology Co., Ltd. (Hanteng Biology). At the same time, the two sides plan to carry out joint commercial cooperation around the commercial sale of Hanteng Biotech's full-length three-helix recombinant human collagen raw material (this raw material). Based on this raw material, Beauty Space will develop a series of collagen medical and aesthetic formulation products to improve the Group's regenerative medicine and aesthetic business layout.

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