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Guangxi Hongxiang Yixintang Pharmaceutical will purchase 20 stores of Baise Boai Pharmaceutical with 40 million RMB ($6.67 million)

 

Guangxi Hongxiang Yixintang Pharmaceutical, the wholly owned subsidiary of Yunnan Hongxiang Yixintang Pharmaceutical (Group) Co., Ltd.(002727), intends to purchase 20 stores and the inventories of Baise Boai Pharmaceutical with no more than 40,000,000 RMB(US $6.67million). 33,000,000 RMB (US $5.5 million) shall be paid for the stores’ transfer fees and the rest—7,000,000RMB(US $1.17million)—shall be paid for the inventories.

 

 For more information, please contact us at david.chen@bfcgroup.biz