Evergrande Real Estate Group Ltd has bought a stake in South Korea's biggest plastic surgery operator, WONJIN Aesthetic Surgery Clinic, in an effort to tap the increasing demand from domestic clients, sources to the company said.

The acquisition came after Evergrande, based in Guangzhou, capital of Guangdong province, announced in August that the company had adopted a long-term strategic plan to diversify its business for future growth.

On Sept 1, Evergrande launched three subsidiary groups to enter the agricultural sector in the grain and oil, dairy and animal husbandry sectors.