Tus-Pharmaceutical Group Co., Ltd. (SZSE:000590) agreed to acquire 55% stake in Wuhan Medtek Pharmaceutical Co., Ltd. from Tan Yunliang and Wang Zhong for approximately CNY 140 million on January 11, 2024. As of August 2023, Wuhan Medtek Pharmaceutical Co., Ltd. generated total assets of CNY 106.1 million and net assets of CNY 83.9 million. The transaction is approved by board of directors of Tus-Pharmaceutical Group Co., Ltd. and is subject to shareholders approval.