Zhejiang Int'l Group Co.,Ltd. (SZSE:000411) agreed to acquire 51% stake in Hangzhou Baishan Medical Equipment Co., Ltd. from Shanghai Youjiang Enterprise Development Center (Limited Partnership), Shanghai Tuyu Enterprise Development Center (Limited Partnership), Yun Naiyi and Huang Haihua for CNY 100 million on April 11, 2023. 30% of the consideration will be paid within 20 days after the 2023, 2024 and three years respectively with 10% each in every term. Transaction is approved by For the period ended December 31, 2022, Hangzhou Baishan Medical had CNY 169.34 million of total assets, CNY 82.12 million of Net assets, CNY 298.26 million of Revenues, CNY 39.03 million of Operating Profit and CNY 28.38 million of net profit.