Meinian Onehealth Healthcare Holdings Co., Ltd. (SZSE:002044) agreed to acquire additional stake in Guangzhou Zengcheng District Meinian Health Management Co., Ltd and Guangzhou Huadu District Meinian Big Health Co., Ltd from Jiaxing Xinwen Ganfu Equity Investment Partnership Enterprise (Limited Partnership) and Lu Taimin for Approximately CNY 34.4 million on August 3, 2022. as per the announcement Meinian Onehealth Healthcare Holdings Co., Ltd. will acquire 82% in Guangzhou Zengcheng District Meinian Health Management from Jiaxing Xinwen Ganfu Equity Investment Partnership Enterprise and Lu Taimin and 41% stake in Guangzhou Huadu District Meinian Big Health Management from Lu taimin. Post Completion Meinian Onehealth Healthcare Holdings Co., Ltd. will hold 92% stake in Zengcheng Meinian and 51% stake in Huadu Meinian. as of May 31, 2022 the total assets are CNY 59.52 million and Total common equity is CNY 18.1533 million. the transaction has already received approval from Meinian Onehealth Healthcare Holdings board of directors.