CHINARES PHARMA (03320): CHINARES PHARMA plans to list and sell approximately 5.88% of its equity stake in Tianmai Biotechnology.
China Resources Pharmaceutical (03320) announced that its wholly-owned subsidiary China Resources Pharmaceutical Investment Limited has initiated potential sale of approximately 5.88% equity interest in Hefei Tianmai Biotechnology Development Co., Ltd (Tianmai Biotechnology) held by China Resources Pharmaceutical Investment. The sale will be conducted through Shanghai United Property Exchange with an initial listing price of approximately RMB 510 million. The potential sale is independent and unrelated to the sale of certain equity interests in Tianmai Biotechnology by China Resources Pharmaceutical Investment and its subsidiary companies.
CHINARES PHARMA (03320) announced that its wholly-owned subsidiary CHINARES PHARMA Investment Limited has initiated a potential sale of approximately 5.88% equity interest in Hefei Tama Biological Technology Development Co., Ltd. (Tama Biological Technology) held by CHINARES PHARMA Investment. The sale will be publicly listed on the Shanghai United Property Exchange, with an initial listing price of approximately RMB 510 million. The potential sale of equity interest in Tama Biological Technology is independent and unrelated to the sale of equity interest in Tama Biological Technology by CHINARES PHARMA Investment and its subsidiaries.
As of the date of this announcement, CHINARES PHARMA Investment and its subsidiaries hold approximately 23.75% equity interest in Tama Biological Technology.
Related Articles
US Stock Market Move | Futu Holdings Ltd. Sponsored ADR Class A (FUTU.US) rose more than 7% with a 101.9% year-on-year increase in net profit for 2025.
US Stock Market Move | Semiconductor stocks surged, Intel Corporation (INTC.US) rose more than 4%.
HAITIAN INT'L (01882) released its performance for the year 2025, with a net profit attributable to shareholders of 3.301 billion yuan, an increase of 7.2% year-on-year.
US Stock Market Move | Futu Holdings Ltd. Sponsored ADR Class A (FUTU.US) rose more than 7% with a 101.9% year-on-year increase in net profit for 2025.
US Stock Market Move | Semiconductor stocks surged, Intel Corporation (INTC.US) rose more than 4%.
HAITIAN INT'L (01882) released its performance for the year 2025, with a net profit attributable to shareholders of 3.301 billion yuan, an increase of 7.2% year-on-year.
