Zhejiang Zhumei Import and Export Group Co., Ltd agreed to acquire Zhejiang Xianju Thermal Power Co., Ltd from Zhejiang Starry Pharmaceutical Co.,Ltd. (SHSE:603520) for CNY 35 million on March 28, 2022. As on December 31, 2021, Zhejiang Xianju Thermal Power generated the Operating income of CNY 16.723895 million, Total assets of CNY 24.660085, shareholders equity of CNY 0.987028 million and Net income of CNY --8.287493 million. As on March 28, 2022, The transaction has been considered and approved by directors of the Zhejiang Starry Pharmaceutical Co.,Ltd. Within 7 trading days from the date of signing the contract, the entire transaction price of 35 million yuan will be paid to the company's designated account at one time.