Xiangxue Pharmaceutical announced that its subsidiary, Xiangxue Nanyaoye, signed an asset transfer agreement with Xingshun Agriculture of Deqing County to transfer assets of the Deqing Nanyao Industrial Park project for RMB 88.04 million. The transfer price will be mainly used to pay the relevant debts and taxes incurred by Xiangxue Nanyaoye in the project construction. This transaction is expected to affect the company's current profit and loss by about RMB 3 million.
香雪制药：拟8804万元出售子公司资产
Xiangxue Pharmaceutical intends to sell its subsidiary assets for RMB 88.04 million.
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