Sinopharm of narcotic drugs into the market shares – Yoga Neti Pot – Medical Dis
Sinopharm Shares issued a public notice said the company decided to invest 79.95 million yuan venture capital in the hands of all the transferee Qinghai Qinghai Pharmaceutical 47.1% of the shares. Qinghai Pharmaceutical Group, is currently China’s largest production base of narcotic drugs, but its largest shareholder is still very active in the capital markets in the medical technology of Dongsheng.
Notice that, the company raised funds to change the use of 79.95 million yuan Qinghai Pharmaceutical Group acquired 47.1% stake in the motion has been adopted by the EGM. Stock transferring technological innovation in Qinghai Investment Management Co., Ltd. (Qinghai VC) is a subordinate unit of Qinghai Province, the SASAC. Has exclusive control of narcotic drugs is a national product, profits and stability. Sinopharm the sources said, by virtue of this acquisition, Sinopharm can enter the field of production of narcotic drugs, to consolidate the narcotic drugs, psychotropic substances in a class of the status of the overall distribution is anticipated that the tender offer is completed, Sinopharm 2004 investment income will increase by 6.14 million yuan, the investment yield of 7.68%. At present, Dongsheng Pharmaceutical Group technology holds 52.9% stake in Qinghai.
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