China Resources Pharmaceuticals: intends to sell a 5.88% stake in Tianmai Biologics for 510 million yuan

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Recently, China Resources Pharmaceutical announced that its wholly owned subsidiary, China Resources Pharmaceutical Investment Co., Ltd., has initiated a potential sale of approximately 5.88% of its equity stake in Hefei Tianmai Biotechnology Development Co., Ltd., with an initial listing price of about 510 million yuan. This potential sale is independent of and unrelated to the sale of certain equity interests in Tianmai Biotechnology previously announced by the company.

(China Resources Pharmaceutical Announcement)

(Editor: Yang Yan, Lin Chen)

Keywords: Healthcare

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