Suzhou Kangli Orthopaedics Instrument Co., Ltd. entered into share purchase agreement to acquire 87.3% stake in Suzhou Gemmed Medical Instrument Co., Ltd from Shenzhen Glory Medical Co., Ltd. (SZSE:002551) and Zhangjiagang Jinzhou Medical Apparatus Manufacture Co., Ltd. for approximately CNY 180 million for December 11, 2020. Under the terms of consideration, Suzhou Gemmed Medical Instrument Co., Ltd issue an additional 19.2% of its shares to Shenzhen Glory Medical and Zhangjiagang Jinzhou Medical Apparatus Manufacture.