Consumer Staples, Healthcare, Financials Apr 24, 2022 05:15 PM (GMT+8) · EqualOcean
Yifeng pharmacy announced that it plans to acquire 51% equity of Hunan Jiuzhitang Pharmaceutical Co., Ltd. at a transaction price of 204 million yuan. The target company has 190 self operated chain drugstores and 359 franchised drugstores. After the completion of business integration, it is expected that the first annual sales volume of the target company will not be less than 1.137 billion yuan and the net profit will not be less than 18.4 million yuan.

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