FHT holdings Corp. (JASDAQ:3777) agreed to acquire 50.9% stake in Shanghai Rongqin Healthcare Management Co., Ltd. from Geonext Medical Health Technology (Shanghai) Co., Ltd. for approximately CNY 160 million on July 16, 2019. The transaction is expected to be completed on July 18, 2019. FHT holdings Corp. (JASDAQ:3777) cancelled acquisition of 50.9% stake in Shanghai Rongqin Healthcare Management Co., Ltd. from Geonext Medical Health Technology (Shanghai) Co., Ltd. on July 16, 2020.