Yongji Co., Ltd. announced that Yongji Health, a third-tier wholly-owned subsidiary of the company, purchased 52.69% of the total shares held by the remaining shareholders of the fourth-tier subsidiary Pijen for about RMB 144 million. As of the date of disclosure of the announcement, the transaction has completed equity settlement, and equity changes are being registered. After the transaction was completed, Yongji Health's shareholding ratio of Pijen increased from 47.31% to 100.00%, and the shareholding ratio of TB through Pijen increased from 45.64% to 96.49%. There was no change in the scope of the company's consolidated statements.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.