Rici Healthcare Holdings Limited (SEHK:1526) entered into an agreement to acquire 55% stake in Sichuan Rich Medical Technology Co., Ltd. from Zhou He for CNY 1.1 million on June 16, 2017. The consideration shall be paid by September 30, 2017. The consideration will be funded by the internal resources. Rici Healthcare Holdings Limited (SEHK:1526) completed the acquisition of 55% stake in Sichuan Rich Medical Technology Co., Ltd. from Zhou He during the six months ended June 30, 2017. Post completion, Sichuan Rich Medical Technology Co., Ltd. became a subsidiary of Rici Healthcare Holdings Limited.