Bohui Innovation Announcement: The company’s controlling subsidiary, Hebei Bohui, and Tongying Group have signed a “Supplementary Agreement (II) to the 2019 Capital Increase Agreement,” regarding the subsequent approval matters for the three plasma collection stations in Luyuan, Yao’an, and Pingdu, reaching additional agreements. The agreement stipulates that within 24 months from the effective date of all terms, Tongying Group must complete the approval for the three plasma collection stations or develop new plasma collection stations for Hebei Bohui to replace the unapproved stations. If approval is not completed, Hebei Bohui has the right to request a 80 million yuan equity transfer and compensation for each unapproved station.
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Bohui Innovation: Subsidiary Signs Capital Increase Supplementary Agreement
Bohui Innovation Announcement: The company’s controlling subsidiary, Hebei Bohui, and Tongying Group have signed a “Supplementary Agreement (II) to the 2019 Capital Increase Agreement,” regarding the subsequent approval matters for the three plasma collection stations in Luyuan, Yao’an, and Pingdu, reaching additional agreements. The agreement stipulates that within 24 months from the effective date of all terms, Tongying Group must complete the approval for the three plasma collection stations or develop new plasma collection stations for Hebei Bohui to replace the unapproved stations. If approval is not completed, Hebei Bohui has the right to request a 80 million yuan equity transfer and compensation for each unapproved station.