Lang Zi Shares Intends To Hold 100% Stake In Lang Zi Medical Fund To Acquire The Remaining Shares.

In August 14th, the Limited by Share Ltd (hereinafter referred to as "long Zi stock") issued a notice that the shares issued by the group were purchased by 41.19% of the shares of the medical management Co., Ltd. (hereinafter referred to as "Medicare"). The number of shares issued was 35 million 70 thousand shares of RMB common stock, the issue price was 9.02 yuan / share, and the issue of shares was restricted to the tradable shares.

Statistics show that the group is now holding a 58.81% stake in the medical company, and intends to issue shares to buy 41.19% stake in the company, including Shen Dong day, China South Korea Chen Hui, October Wu Xun, Nanshan bridge, and Heyuan Rong micro holdings, which means that if we succeed in the acquisition, we will hold 100% of our holdings.

According to the plan of the group, the company intends to raise matching funds of not more than 50 million yuan to pay for the related intermediary fees, medical beauty, flagship stores and other construction projects of the transaction. In addition, in July 30, 2019, the group received the reply issued by the China Securities Regulatory Commission on Approving the purchase of assets and raising matching funds by the Limited by Share Ltd.

As of this announcement, the shares of the 41.19% shares of the shares were purchased by the group, and the supporting assets have been transferred to the underlying assets and the registration and listing procedures for the purchase of some new shares of the assets.