Shanghai Sanyou Medical Co., Ltd. (SHSE:688085) agreed to acquire an additional 2.5% stake in Suzhou Intocare Medical Technology Co., Ltd. from Vinno Technology (Suzhou) Co., Ltd. for CNY 11.5 million on December 30, 2020. Prior to this transfer, Shanghai Sanyou Medical Co., Ltd. owns 1.9% stake and after the transfer, Shanghai Sanyou Medical Co., Ltd. will own 4.3% stake in Suzhou Intocare Medical Technology Co., Ltd. As of November 30, 2020, Suzhou Intocare Medical Technology Co., Ltd. has total assets is CNY 29.9 million and net asset is CNY 32.2 million. As of December 31, 2019, Suzhou Intocare Medical Technology Co., Ltd. has total assets of CNY 14 million, net asset of CNY 7.7 million, revenue of CNY 9,700 and net loss of CNY 15.7 million. The transaction was approved by the 11th session of Shanghai Sanyou Medical Co., Ltd's 2nd directorate and the 6th session of the company’s 2nd supervisory board.