Guizhou Xinbang Pharmaceutical Co., Ltd. (SZSE:002390) agreed to acquire 80% stake in Guizhou Tianyou Chinese Western Medicine Co., Ltd for CNY 3.6 million on January 2, 2018. The transaction does not need to be submitted for review in the directorate meeting. Guizhou Xinbang Pharmaceutical Co., Ltd. (SZSE:002390) cancelled the acquisition of 80% stake in Guizhou Tianyou Chinese Western Medicine Co., Ltd on January 2, 2019.