Shanghai Pharmaceuticals (02607.HK): Shanghai Industrial Holdings increased its holding of the company's H shares by a total of 74 million shares.

date
01/07/2026
Wisdom Financial News APP, Shanghai Pharmaceuticals (02607.HK) announced that the company's controlling shareholder Shanghai Industrial (Group) Co., Ltd. (Sinochem Group) plans to increase its H-shareholding by no more than 2% of the company's voting shares through its subsidiary Sinochem International Investment Co., Ltd. (Sinochem International) on the Hong Kong Stock Exchange system through centralized bidding starting from September 15, 2025 for a period of 12 months, based on confidence in the future development of Shanghai Pharmaceuticals (details see company announcement No. 2025-083, collectively referred to as "this increase plan ").