Shanghai Tianchen Co.,Ltd (SHSE:600620) entered into an agreement to acquire 15% stake in Shanghai Tianchen Health Management Co., Ltd. from Shanghai Kexun Investment Management Co., Ltd. and Shanghai Fengying Enterprise Development Co., Ltd. for CNY 404 million on June 5, 2023. This transaction has been reviewed and approved at the twenty-sixth meeting of the tenth session of the board of directors of the company, and needs to be submitted to the company's general meeting of shareholders for consideration. For the period ended March 31, 2023.

Total assets were of CNY 2 billion and Net Assets were of CNY 983 million.