Suzhou MedicalSystem Technology Co., Ltd. (SHSE:603990) entered into an agreement to acquire a 20% stake in Beijing Guowei Reproductive Health Specialist Hospital Co., Ltd from Beijing Guowei Dahui Medical Treatment Industry Fund (Limited Partnership) on June 18, 2020. Board of Suzhou MedicalSystem Technology Co., Ltd. approved the transaction. Suzhou MedicalSystem Technology Co., Ltd. (SHSE:603990) cancelled the acquisition of 20% stake in Beijing Guowei Reproductive Health Specialist Hospital Co., Ltd from Beijing Guowei Dahui Medical Treatment Industry Fund (Limited Partnership) on August 21, 2021. According to the investigation, the company and the transaction parties have conducted many negotiations on the acquisition, but because the performance of the target company did not meet expectations, and the two parties did not reach an agreement.