Healthcare Co., Ltd. announced a private placement of ordinary A shares, with a par value of CNY 1 per share for gross proceeds of CNY 1,285,634,900 on October 27, 2021. The transaction will include participation from no more than 35 specific investors. Upon completion, he shares subscribed by the investors of the issuance shall not be transferred within 6 months from the date of completion of the issuance, and the shares subscribed by the controlling shareholder, actual controller and the enterprise controlled by it shall not be transferred within 18 months. The transaction has been approved at the 50th meeting of the third board of directors of the company. The transaction still needs to approved at the company?s general meeting of shareholders and by the China Securities Regulatory Commission.