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On May 7, Tus-Pharmaceutical announced that the State-owned Assets Supervision and Administration Commission of Hengyang City decided to transfer its 13,988,705 shares of the company's unrestricted shares (accounting for 5.84% of the company's total share capital) to Hengyang Hongxiang State-owned Investment (Holding) Group Co., Ltd. free of charge. After the completion of the implementation of the free transfer of state-owned shares, Hongxiang Group will hold 19.11% of the company's shares.

