China CITIC and Hong (02453) controlling shareholder CCM plan to increase their stake.

The Smart Financial APP learned that Sino-US Health (02453) has announced that the company's controlling shareholder, Concord Medical Services Holdings Limited (CCM), plans to increase its stake in the company within 12 months from the date of this announcement. The company has been informed that in order to increase its stake, CCM will use its own funds through its subsidiaries to increase its stake in the open market. Specific trading for the increase will be disclosed in a timely manner according to the rules.