Jiang Zhong Pharmaceutical Co.,Ltd agreed to acquire Jiangxi Jiang Zhong Changrun Pharmaceutical Co., Ltd./Jiangxi Jiang Zhong Changrun Pharmaceutical Co from Jiangxi Jiang Zhong Medicine Investment and Development Co., Ltd. for CNY13.5 million.

JIANGZHONG PHARMACEUTICAL CO., LTD is a China-based company principally engaged in the manufacture, research and development and sales of over-the-counter (OTC) pharmaceuticals and healthcare products. The Company’s products include OTC medicines, healthcare products and functional food, as well as wine. Its OTC pharmaceuticals include indigestion tablets, lactobacillin tablets and sarcandra glabra tablets, among others. Its healthcare products and functional food include calcium tablets and ginseng products, among others. The Company mainly operates its businesses in domestic market.