Ji Qingsong agreed to acquire 18.87% stake in Hubei Tianji Pharmaceutical Co., Ltd. from Xiangxue Pharmaceutical Co.,Ltd. (SZSE:300147) for CNY 200 million on August 2, 2023. As on June 30, 2023, Hubei Tianji Pharmaceutical Co., Ltd. generated total assets of CNY 2.2 billion and net assets of CNY 1.05 billion. The transacttion is approved by board of directors of Xiangxue Pharmaceutical Co.,Ltd.