Shanghai General Healthy Information and Technology (SHA:605186) plans to acquire an additional 38% stake in subsidiary Boke Guoxin for about 73.7 million yuan.
The stakes will be acquired from four sellers, according to a Friday filing with the Shanghai bourse.
The deal, which will increase the company's stake to 70% from 32%, aims to deepen the integration of the company's automated pharmacy hardware with Boke Guoxin's artificial intelligence software platforms.