Gushengtang plans to acquire a 93% stake in Hangzhou Datong Traditional Chinese Medicine Clinic for 83.7 million yuan

Hangzhou Datong is a general practice TCM service provider, providing users with internal medicine, stomatology, medical laboratory, clinical body fluids, blood, clinical chemistry, and medical imaging. Gushengtang intends to acquire a total of 93% equity interests in Hangzhou Datong Traditional Chinese Medicine Clinic Co., Ltd. (Hangzhou Datong Traditional Chinese Medicine Clinic) from the shareholders (sellers) at a consideration of RMB83.7 million.

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