Ningbo Meishan Free Trade Port Area Huirui Investment Management Partnership Enterprise (LP) agreed to acquire additional 4.31% stake in Hangzhou Yingwang Technology Co., Ltd. from Hangzhou Century Co., Ltd. (SZSE:300078) for CNY 10.8 million on December 28, 2021. The consideration shall be paid within 5 days after agreement signing. In a related transaction, Ningbo Meishan Free Trade Port Area Huirui Investment Management Partnership Enterprise (LP) agreed to acquire 18% stake in Hangzhou Yijie Medical Instrument Co., Ltd. from Hangzhou Yingwang Technology Co., Ltd. for CNY 54 million.

For the year ending on December 31, 2020, Hangzhou Yingwang Technology reported total assets of CNY 39.6 million, net assets of CNY 34.6 million, revenue of 17.4 million, operating profit of CNY 7.4 million and net profit of CNY 7.4 million. The transaction has been approved by board of Hangzhou Century Co., Ltd.