Shangshou Jinzhong Surgical Instruments Jiangsu Co., Ltd. announced a private placement of common shars for gross proceeds of CNY 184,000,000 on January 29, 2019. The transaction involved participation from returning investor Jiangsu Yuyue Medical Equipment & Supply Co., Ltd. (SZSE:002223). The transaction has been approved by the directors of the company in the 19th extraordinary meeting of the 4th directorate. Post the transaction, the registered capital of the company will increase from CNY 30,000,000 to CNY 214,000,000. Post the transaction, the investor will retain its 100% stake in the company.