Tianjin Ringpu Bio-Technology Co.,Ltd. (SZSE:300119) agreed to acquire Baoding Shoujun Technology Co., Ltd. from Yao Lili, Zhang Xiaoqin and Tianjin Ruichuang Biotechnology Partnership (Limited Partnership) for CNY 230 million on March 28, 2024. Transaction has been financed through own funds or self-raised funds. Baoding Shoujun Technology Co., Ltd. reported Total assets worth CNY 54.5 billion, EBIT of CNY 7.6 billion, Net Income of CNY 1.5 billion and Total Common equity of CNY 196 million on December 31, 2023.

Tianjin Ringpu Bio-Technology's board of director's approved the transaction.