--- title: "Zhongheng Group: Wholly-owned subsidiary Zhongheng Innovation acquires a drug technology for treating chronic heart failure for 55 million yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/251433078.md" description: "Zhongheng Group announced that its wholly-owned subsidiary Zhongheng Innovation has acquired a technology for treating chronic heart failure from China Rongtong Scientific Research Institute Group Co., Ltd. through a transfer method, with a transaction price of RMB 55 million. This transaction does not constitute a related party transaction and does not constitute a major asset reorganization. This transaction has been approved by the 29th meeting of the 10th Board of Directors of the company and does not require submission to the shareholders' meeting for approval" datetime: "2025-08-04T10:35:11.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/251433078.md) - [en](https://longbridge.com/en/news/251433078.md) - [zh-HK](https://longbridge.com/zh-HK/news/251433078.md) --- # Zhongheng Group: Wholly-owned subsidiary Zhongheng Innovation acquires a drug technology for treating chronic heart failure for 55 million yuan Zhongheng Group announced that its wholly-owned subsidiary Zhongheng Innovation has acquired a technology for treating chronic heart failure from China Rongtong Scientific Research Institute Group Co., Ltd. through a transfer method, with a transaction price of RMB 55 million. This transaction does not constitute a related party transaction and does not constitute a major asset reorganization. This transaction has been approved by the 29th meeting of the 10th Board of Directors of the company and does not require submission for shareholder meeting approval ### Related Stocks - [600252.CN](https://longbridge.com/en/quote/600252.CN.md) ## Related News & Research - [Exploring Three Undiscovered Gems in the Middle East Market](https://longbridge.com/en/news/286881831.md) - [Flow Pharma U.S. Patent Application Allowed for Issuance Covering Broad-Spectrum Ebola Therapy](https://longbridge.com/en/news/287076761.md) - [China Telecom's Shares Rise After Becoming Last of Country's Big Three Telcos to Roll Out Token Plans](https://longbridge.com/en/news/286859736.md) - [15:37 ETMuse Communications Celebrates 10 Years of Award-Winning Legal Marketing and Public Relations](https://longbridge.com/en/news/286811115.md) - [Tim Lamb Group Completes Sale of Seven Firelands Automotive Group Dealerships in Northern Ohio](https://longbridge.com/en/news/286806685.md)