Gelonghui Shanghai Fosun Pharmaceutical (02196.HK) announcement on August 12thOn August 12, 2022, Fosun Health and Ningbo compound Technology, a subsidiary of the company, signed a capital increase agreement with Hainan Yunzhi and the target company and its shareholders Fosun Hi-Tech, which are related to, among other things, to the target company.Shanghai Fuyun Health Technology Co., Ltd.To increase capital, Fosun Health, Ningbo compound Technology and Hainan Yunzhi plan to contribute 8.5 million yuan, 8.5 million yuan and 3 million yuan respectively in cash to increase the registered capital of the target company.
Prior to this capital increase, the company did not hold any equity interest in the target company. After the completion of this capital increase, the company holds a total of about 56.6666% of the target company through Fosun Health and Ningbo compound Technology, and the target company will become a subsidiary of the company.