[VlandBio: Wholly-owned subsidiary plans to acquire 50% stake in ADM Vilan for RMB 47 million] VlandBio announced that its wholly-owned subsidiary, VlandBio Group, plans to sign an Equity Transfer Agreement with ADM Singapore to acquire a 50% stake in ADM Vilan for RMB 47 million. The civil engineering portion of the microecological preparation research and industrialization project invested and constructed by ADM Vilan has not yet commenced construction since the establishment of the joint venture and is still in the preliminary planning and construction stage. ADM Vilan currently has no substantive production or operation activities.