On April 15, 2016, Taizhou BioPredia Co., Ltd. absorbed and merged Taizhou Huachi Biotechnology Co., Ltd. after fulfilling the complete procedures in accordance with relevant laws and regulations.
Taizhou BioPredia Co., Ltd. complete absorption after the merger, the former taizhou HuaJi all assets and liabilities of the company belongs to in Taizhou BioPredia Co., Ltd. three domestic natural person shareholders HuaJi Wang Fengshun, wong oi wah Jessie, li-xin jiang become di biological technology co., LTD. Taizhou spectrum in accordance with the shareholders, spectrum di biological absorption investment more than 700 ten thousand yuan;Founding shareholder Tao Wenjing serves as the legal representative, chairman and general manager of the new company;The company shall be changed from a foreign-funded enterprise to a Sino-foreign joint venture.