June 8 (NBD) -- LeKing Wellness Co., Ltd. (300247.SZ), manufacturer and seller of medical equipment, announced on Thursday that Guangzhou-based Youngy Investment Holding Group Co., Ltd ("Youngy Group") now holds a 5.66 percent stake in the listed company after buying in a total of 45.51 million shares for a book cost of 241 million yuan (37.7 million U.S. dollars) in the January-June period of 2018.

Youngy Group, whose actual controller is elctric car maker BYD Company Limited (002594.SZ)'s co-founder Lyu Xiangyang, holds a 5.96 percent stake in BYD.

It's noted that Lyu used to invest in new energy-related companies like Huaxun Fangzhou Co., Ltd. (000687.SZ) and Youngy Group (002192.SZ). But LeKing Wellness engages in manufacturing and selling medical equipment including sauna and fitness equipment.

With regard to Youngy Group's investment, Lyu once said the company will leverage its capital strength to promote the development of investment targets.

Email: gaohan@nbd.com.cn