Hengrui Investment Holding Ltd. agreed to acquire Fujian Tonghao Trading Co., Ltd. from Organic Tea Cosmetics Holdings Company Limited (KOSDAQ:A900300) for KRW 24.4 billion on September 19, 2023. The transaction is expected to complete on September 28, 2023.

Hengrui Investment Holding Ltd. completed the acquisition of Fujian Tonghao Trading Co., Ltd. from Organic Tea Cosmetics Holdings Company Limited (KOSDAQ:A900300) on September 27, 2023.