An unknown buyer acquired Changsha Pengai Aesthetic Medical Hospital and Nanchang Pengai Xiuqi Aesthetic Medical Hospital from Aesthetic Medical International Holdings Group Limited (NasdaqCM:AIH) for CNY 7.6 million in third quarter of 2022. Aesthetic Medicalxpects to receive cash inflows of CNY 4.6 million and CNY 3.0 million respectively. As a part of transaction, Aesthetic Medical sold a 77% stake in Changsha Pengai Aesthetic Medical Hospital. Changsha Pengai Aesthetic Medical Hospital reported revenue of CNY 50.567 million for the year ended December 31, 2022.

An unknown buyer completed the acquisition of Changsha Pengai Aesthetic Medical Hospital and Nanchang Pengai Xiuqi Aesthetic Medical Hospital from Aesthetic Medical International Holdings Group Limited (NasdaqCM:AIH) in third quarter of 2022.