Herui Yike (Beijing) Medical Devices Co., Ltd. agreed to acquire 13.5% stake in Haibao Life Insurance Co., Ltd. from YLZ Information Technology Co., Ltd (SZSE:300096) for CNY 260 million on January 20, 2023. For the year ended, September 30, 2022, Haibao Life Insurance Co., Ltd. total asset is CNY 5482.47 million and total shareholder's equity is CNY 1043.238 million. The transaction was approved by YLZ Information Technology Co., Ltd 1st meeting of the strategy committee of the 5th board of directors and The 24th meeting of the 5th board of directors. It still needs YLZ Information Technology Co., Ltd shareholder approval. As on May 12, 2023, YLZ Information Technology has received the transfer price of 13.5% of Haibao Life's 13.5% equity paid by Herui Yike (Beijing) Medical Devices Co., Ltd., which is CNY 260 million.

Herui Yike (Beijing) Medical Devices Co., Ltd. completed the acquisition of 13.5% stake in Haibao Life Insurance Co., Ltd. from YLZ Information Technology Co., Ltd (SZSE:300096) on August 25, 2023.