Hinova Pharmaceuticals Inc. announced that it has signed a Series B preferred shares purchase agreement of 2,188,244 preferred shares at a price of $2.28494 for the total gross proceeds of $5,000,006.24536 with Jilin Aodong Pharmaceutical Group Co., Ltd. (SZSE:000623) on December 20, 2019. The company will issue 1.57% stakes to the investor.