On December 30, Yunnan Baiyao Group Co.Ltd(000538) announced that the secondary wholly-owned subsidiary of the company plans to transfer 100% equity of Yunzhen company, a tertiary wholly-owned subsidiary of the company, to the company free of charge according to the net book value of 625800 yuan. After the transfer, the company directly holds 100% of the equity of Yunzhen company and plans to increase the capital of Yunzhen company by 500 million yuan. As the setting unit of Yunnan Baiyao Group Co.Ltd(000538) skin comprehensive solution medical center, Yunzhen company will take the opening of outpatient department as the starting point, promote the ecological layout of medical beauty industry chain and explore the upstream and downstream business growth model.
(Beijing business daily)
