Jun 28, 2022 05:15 PM (GMT+8) · EqualOcean
Ruoyuchen announced that it had previously disclosed that Wuhu ruoyuchen, a wholly-owned subsidiary of the company, invested RMB 5million with its own funds to subscribe for the newly increased registered capital of sample beauty biology of RMB 7124. The supporting original solution of the water optical instrument sold by Sampei bio was purchased from Shandong Yicai Herui Biotechnology Co., Ltd. ("Yicai bio"), which was produced by Yicai bio and applied for the filing of the supporting original solution as the filing person. Recently, the company received a notice from Sampei bio that Sampei bio has completed the filing of two products of ordinary cosmetics currently on the market. In order to reduce the investment risk, the company takes the completion of the filing of the supporting stock solution and ordinary cosmetics by Sampei biology as a prerequisite for the company to pay the investment. The company will fulfill the obligation of capital contribution and complete the equity delivery procedures of this investment.

This text is a result of machine translation.