Beauty Farm Medical & Health Industry Inc. Announces Acquisition of Minority Interest in Subsidiary Naturade
Beauty Farm Medical & Health Industry Inc., a company with over 30 years of experience in China's beauty and healthcare services industry, announced that its wholly-owned subsidiary, Guangzhou Beauty Farm Healthy Research Co., Ltd., has entered into an agreement to acquire a 20% minority interest in Naturade Health Technology Company Limited. The acquisition involves RMB400,000 in the registered capital of Naturade, a Hong Kong-based company. This strategic move is part of Beauty Farm's plan to enhance Naturade's operational efficiency and integrate its medical aesthetics and sub-healthcare businesses into the Group's "triple beauty" business model.
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