Sunflower Pharmaceutical to Transfer 10.39% Stake in Pharmastar for 34.2858 Million Yuan

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Sunflower Pharmaceutical has decided to transfer its 10.3896% equity stake in Beijing Pharmastar Pharmaceutical Technology Co., Ltd. to Guangzhou Baiyunshan Heji Gong Pharmaceutical Co., Ltd. for 34.2858 million yuan. After the transfer, the company will no longer hold any equity in Pharmastar. The transaction price was determined through negotiation, referencing the appraised value of Pharmastar's entire equity at 332 million yuan. The company stated that this move aims to focus on its core business, concentrate on industry, and achieve investment recovery.

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