
ST Landfar plans to acquire 51% equity of Huize Pharmaceutical, which is expected to constitute a significant asset restructuring situation

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Landfar plans to acquire 51% equity of Hunan Huize Pharmaceutical in cash, which is expected to constitute a major asset reorganization. After the transaction, Huize Pharmaceutical will become a subsidiary and be included in the consolidated financial statements. Huize Pharmaceutical focuses on drug research and development as well as clinical evaluation, providing pharmaceutical research, clinical trials, and other services. This acquisition aims to enhance the profitability and risk resistance of the biopharmaceutical sector and improve the company's operational efficiency
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