Getein Biotech Inc(603387) : it is proposed to subscribe for the newly issued shares of superstar medical Holdings Co., Ltd. in cash

Getein Biotech Inc(603387) announced that it plans to subscribe for the newly issued shares of superstar medical Holdings Co., Ltd. in cash. After this subscription, the company will hold no less than 30% of the total shares of the target company after the issuance of new shares. The company will become the controlling shareholder of the target company and the target company will become the consolidated subsidiary of the company.