Securities Times Network () October 20th
Securities Times New Third Board Forum News, Yiyi Bio (835066) announced on October 20th that the company intends to jointly establish a holding subsidiary, Jiangxi Jingyi Kangkang Medical Devices Co., Ltd. with Hu Zhiwei, registered in Pingxiang City, Jiangxi Province, with registered capital of 30 million yuan, of which the company invested 21 million yuan, accounting for 70.00% of the registered capital. This foreign investment does not constitute a connected transaction.
The company said that the foreign investment is based on the company's development needs, optimize the company's strategic layout and improve the company's profitability.
(Securities Times News Center)
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