China Reform Health Management And Services Group (000503.SZ) Plans to Acquire 100% Equity of Yihong Medical Technology from Subsidiary

Stock News11-24

China Reform Health Management And Services Group Co.,Ltd. (000503.SZ) announced that its wholly-owned subsidiary, Yuchuang Investment (Hong Kong) Limited, intends to transfer its 100% equity stake in Beijing Yihong Medical Technology Services Co., Ltd. to the parent company via a non-public agreement. The transaction is valued at RMB 346 million. Upon completion, China Reform Health Management will directly hold 100% equity of Yihong Medical Technology. This equity adjustment represents an internal restructuring between the company and its wholly-owned subsidiary.

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