Panda Financial Holding Corp., Ltd. (SHSE:600599) agreed to acquire remaining 49% stake in Guangzhou Panda Health Industry Co., Ltd. from Guangzhou Hexing Guangda Health Technology Co., Ltd. for CNY 4.9 million on April 28, 2022. Post-completion, Panda Financial Holding Corp., Ltd. will own 100% stake in Guangzhou Panda Health Industry Co., Ltd. The Board of Panda Financial Holding Corp., Ltd. has unanimously approved the deal.