Canature Health Technology Group Co., Ltd. (SZSE:300272) signed a share transfer agreement to acquire an additional 55% stake in Zhejiang Runxin Electric Appliance Co.,Ltd. from Zou Guonan and Chen Xiaqing for CNY 66.1 million on July 4, 2021. As a result of the transaction, Canature Health will increase its holdings from 40% to 95% stake in Zhejiang Runxin. Zou Guonan and Chen Xiaqing will transfer 48.91% and 6.09% for CNY 58.7 million and CNY 7.3 million, respectively, and will hold 3% and 2% after the transfer. As of March 31, 2021, Zhejiang Runxin Electric Appliance Co., Ltd. had total assets of CNY 154.1 million and net assets of CNY 19.8 million. The transaction has been approved in the 12th Meeting of Canature Health’s 5th Directorate held on July 5, 2021 and does not need the shareholders' approval.