Berry Gene Increases Capital of 100 Million Yuan to Full-Funded Subsidiaries to Expand Medical Technology Market Layout

Berry Gene announced on December 10 that the 7th meeting of the 8th Board of Directors and the 1st Extraordinary General Meeting of Shareholders in 2018 reviewed and approved the “Proposal on Capital Increase of wholly-owned Subsidiaries”. Fujian Berry and Kang Gene Technology Co., Ltd. (hereinafter referred to as "Fujian Berry") increased the capital of 100 million yuan. The announcement is as follows:

Recently, Fujian Berry completed the industrial and commercial registration procedures for changing the registered capital and received the business license approved by the Changle District Market Supervision Administration of Fuzhou:

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Fujian Berry's business scope is medical research and experimental development; production: the third type of 6840 in vitro diagnostic reagents, the third type of 6840 clinical test and analysis instruments; biotechnology extension services; natural science research and experimental development; medical supplies and equipment retail; software Development; information technology consulting services; data processing and storage services; digital content services; real estate development and management; property management; housing rental; biotechnology equipment leasing; medical inspection. (Projects subject to approval according to law may be operated after approval by relevant departments)

Fujian Berry's shareholding structure contributed RMB 150 million to Berry Gene, accounting for 100% of its registered capital.

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