Gushengtang subsidiary plans to acquire 100% equity of Guozong Jishi Hospital of Traditional Chinese Medicine for 53.72 million yuan

Guozong TCM is a general TCM service provider. The hospital provides medical treatment, teaching, scientific research, rehabilitation, inheritance of TCM and other services. It also has TCM Department, TCM Surgery Pain Department, TCM Anorectal Department, TCM Varicose Vein Department, and Medical Laboratory Department. , Medical Imaging and other departments. Recently, Gushengtang announced that Guangdong Gushengtang TCM Health Technology Co., Ltd., a subsidiary of the company, and the shareholder (seller) of Beijing Guozong Jishi Traditional Chinese Medicine Hospital Co., Ltd. entered into an equity transfer contract. Guangdong Gushengtang agreed to acquire Guozong Jishi Traditional Chinese Medicine Hospital. 100% equity of the company at a consideration of RMB 53.72 million.

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