Sinohx Medical (600587.SH) plans to transfer 60% equity and related debt of its subsidiary Hubei Sinohx Medical through pre-listing transfer.

Wisdom Financial News APP, Xinhua Medical (600587.SH) announced that the company and its wholly-owned subsidiary, Zibo Hongxin Medical Technology Co., Ltd. (referred to as "Zibo Hongxin"), plan to pre-list and transfer the 60% equity and related debts of Xinhua Medical Health Industry (Hubei) Co., Ltd. (referred to as "Hubei Xinhua Medical") held by them on the property exchange. This initiative aims to focus on the development of core businesses and enhance asset operation efficiency.