Zhitong Finance App News, *ST Beauty Valley (000615.SZ) announced that the company plans to acquire 3.2% of the shares of Zhejiang Liantianmei Enterprise Management Co., Ltd. (“Lian Tianmei Company”) held by the unrelated party Guangzhou Shengzhuang Medical Beauty Investment Co., Ltd. (“Shengzhuang Medical Beauty”) for 32.3771 million yuan, and adjust Shengzhuang Medical Beauty's performance compensation method for the target company from cash to the method of cash and the aforementioned share transfer compensation.

After all of the transactions were completed, Shengzhuang Medical & Aesthetic's performance compensation obligations were completed. The total shareholding ratio of the company's holding subsidiaries in Lian Tianmei was changed from 55% to 58.2%. Lian Tianmei is still a subsidiary of the company's controlling subsidiary.

The announcement stated that the current share purchase was determined through comprehensive measurement, starting from the long-term development of the sector's business, taking into account the objective actual situation and referring to the suggestions of the performance compensator, which is conducive to resolving subsequent performance compensation matters.