Zhu Yuyong completed the acquisition of 48% of stake in Jilin Jinbao Pharmaceutical Co., Ltd..

Ji Yao Holding Group Co., Ltd., formerly Tong Hua Shuang Long Chemical Industry Co., LTD., is a China-based company principally engaged in the research, development, production and sales of drugs. The Company's main products include Zhitong Huazheng Jiaonang (analgesic capsules), Reduping Keli (granules for cold) and Tongluo Zhitong medicinal liquor. The Company is also involved in the production, manufacture and sale of fine chemicals. The Company distributes its products in the domestic market.