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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.