Previously, the Company and its wholly-owned subsidiary, Shanghai Lei YunShang Pharmaceutical West District Co., Ltd. 600272.sh (hereinafter referred to as "Lei Yun Shang"), intended to purchase two properties located in Wuding Road and Jiangchang West Road, Jing'an District, Shanghai , with a property area of 4013.7 square meters and 3668.76 square meters respectively from Shanghai Kaikai (Group) Co., Ltd. (hereinafter referred to as "Kaikai Group"), the company's controlling shareholder, Respectively.
According to the announcement, the company recently signed the "Shanghai Real Estate Sale and Purchase Contract" with Kaikai Group through the asset transaction procedures of Shanghai United Property Rights Exchange Co., Ltd., and the total transaction price of the real estate is RMB 140 million. Lei Yunshang's General Manager's Office recently signed the Shanghai Real Estate Sale and Purchase Contract with Kaikai Group through the asset transaction procedures of Shanghai United Property Rights Exchange Co., Ltd., and the transaction price of the real estate was RMB109 million. It is reported that at present, the related party transaction has completed the transfer of assets, and the relevant rights and obligations have been fulfilled.