China Isotope & Radiation Corporation (SEHK:1763) agreed to acquire Ningbo Junan Pharmaceuticals Technology Co., Ltd. from Tibet Juzhi Venture Investment Co., Ltd for CNY 80 million on January 18, 2019. China Isotope & Radiation Corporation will fund the transaction from internal resources. Post completion Ningbo Junan Pharmaceuticals Technology Co., Ltd. will become the wholly owned subsidiary of China Isotope & Radiation Corporation.