China Bozza Development Holdings Limited (SEHK:1069) entered into equity sale and purchase agreement to acquire 52% stake in Liuba County Jiashisen Traditional Chinese Medicine Comprehensive Development Company Limited from Shaanxi Jiashisen Pharmaceutical Investment Company Limited for CNY 7.1 million on August 16, 2023. Upon the Completion, China Bozza Development will hold 52% equity interest in Liuba County Jiashisen Traditional Chinese Medicine Comprehensive Development, which will become a non-wholly owned subsidiary of the China Bozza Development.

China Bozza Development Holdings Limited (SEHK:1069) terminated the acquisition of 52% stake in Liuba County Jiashisen Traditional Chinese Medicine Comprehensive Development Company Limited from Shaanxi Jiashisen Pharmaceutical Investment Company Limited on April 8, 2024. Shaanxi Jiashisen Pharmaceutical Investment Company Limited was unable to provide satisfactory due diligence documents to the China Bozza Development Holdings Limited upon which resulted in termination.