币界网报道：According to the news on July 1st, the listed company Linghang Pharmaceutical Biotechnology Co., Ltd. (00399) announced the signing of a memorandum of understanding to acquire all the equity of the target company, provided that the target company completes the acquisition of Conflux blockchain-related assets. The price of the acquisition will be paid in cash, company shares or convertible bonds, and the specific amount will be determined in the formal agreement. The memorandum of understanding is valid for 12 months, during which the seller shall not negotiate or trade with other parties on the equity of the target company. Linghang Pharmaceutical hopes to expand its business to the field of blockchain technology through this acquisition, achieve business diversification and find new profit growth points. However, the transaction still needs to be implemented after the signing of a formal agreement. The relevant announcement will be released in due course according to the listing rules, and shareholders and investors need to act with caution. According to the news from the Coinnet, Hong Kong stocks will be closed for one day today due to the anniversary of the establishment of the Hong Kong Special Administrative Region.