Australia Wanda International Company Limited agreed to acquire 23.15% of stake in Aesthetic Medical International Holdings Group Limited (NasdaqGM:AIH) from Pengai Hospital Management Corporation and others for CNY 99.6 million on July 20, 2022. The Share Transfer is expected to close during the fourth quarter of 2022 and is subject to customary closing conditions, including but not limited to obtaining approvals for outward foreign direct investment and third party consents.