Yunnan Hongxiang Yixintang Pharmaceutical Co., Ltd. (SZSE:002727) agreed to acquire 80% stake in Kingsway Trading, Inc for $1.9 million in cash on January 30, 2016. In related transaction agreed to acquire 80% stake in Shui Fok Cheung Trading Corporation for $1.95 million.

Yunnan Hongxiang Yixintang Pharmaceutical Co., Ltd. (SZSE:002727) completed the acquisition of 80% stake in Kingsway Trading, Inc on March 19, 2016.