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$CHNC announced the acquisition of America’s Advanced Wellness Centers, LLC (AAWC). AAWC is a five-part medical clinic/clinical research company consisting of Family Medicine, Obstetrics-Gynecology, Medical Weight Loss, a Wholesale/Direct-Mail Pharmacy, and a Clinical Research Center. AAWC brings multi-million dollar contracts with the biggest pharmaceutical companies in the world, like Pfizer and Allergan, to name a few. President & CEO Elizabeth Hernandez says, “Aside from being at the forefront of finding cures and treatments for disease, the acquisition of AAWC’s clinical research arm allows CHNC to have another revenue-generating model that will allow some its members to receive medical care at little or no cost. We expect more acquisitions like that of AAWC in the future as clinics/doctors see the quality of care CHNC provides its members and the quality of life its doctors are experiencing as a result of using CHNC’s model of care. We are always looking to build shareholder value and this acquisition does just that.” China Infrastructure Construction Corp. (OTCPK: CHNC) and America’s Advanced Wellness Centers, LLC (AAWC) Enter Into Acquisition Agreement
https://finance.yahoo.com/news/china-infrastructure-construction-corp-otcpk-123000891.html