South Agricultural Pharmaceutical Co., Ltd. [East China Pharmaceutical: no more than 265 million yuan holding animal insurance company] April 19, East China Pharmaceutical announced that the company's wholly-owned subsidiary, China and the United States, plans to contribute a total of no more than 265 million yuan in the form of equity transfer and capital increase. Jiangsu Nanjing Agricultural University Animal Pharmaceutical Co., Ltd. (referred to as "Nannong Pharmaceutical") to become its controlling shareholder. Nannong Animal Medicine is a comprehensive animal protection enterprise integrating the research, production and marketing of animal drugs and animal health products, focusing on pet and aquatic animal protection.