Jin Medicine Industry: Intends to acquire 100% equity of Jin Medicine Logistics for 130 million yuan.

Tianjin Pharmacy Industry announced that it plans to acquire 100% equity of Tianjin Pharmaceutical Logistics Co., Ltd. held by Tianjin Pharmaceutical Group Limited through cash payment. The transaction price is based on the evaluation results and the transaction consideration is 130 million yuan. This transaction constitutes a related party transaction, but does not constitute a major asset restructuring. After the transaction is completed, Tianjin Pharmaceutical Logistics will become a wholly-owned subsidiary of Tianjin Pharmacy Industry.