Chongqing Jianzhijia Health Pharmacy Chain Co., Ltd. announced that it will receive CNY 350 million in an equity round of funding on August 25, 2023. The transaction will include participation from returning investor, Jianzhijia Pharmaceutical Chain Group Co., Ltd. to retain its 100% stake in the company. The registered capital of the company will increase from CNY 50 million to CNY 400 million post closing of the transaction.

The transaction has been approved at the the 24th session of Jianzhijia Pharmaceutical Chain Group Co., Ltd.'s 5th board of directors.