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Zhejiang CONBA Pharmaceutical Co Ltd to Transfer Equity Shares

Thursday, 28 Feb 2013 07:00pm EST 

Zhejiang CONBA Pharmaceutical Co Ltd announced that it will transfer a 25% stake in a Hangzhou-based biological engineering company (Company A) to Company A's largest shareholder, Mr. Feng Jianping for RMB 12,531,646. After that, the Company will still hold a 5% stake in the target company.