Tian Ying Medical Instrument Co., Ltd. agreed to acquire 55% stake in elexxion AG (XTRA:E8X) from Peter Greither on October 28, 2016. The transaction is still subject to official approval in China, which is expected in 2016. Tian Ying Medical Instrument Co., Ltd. completed the acquisition of 55% stake in elexxion AG (XTRA:E8X) on January 4, 2017. Peter Greither holds about 30% in the company.