China Resources Pharmaceutical Group Ltd. (HK:3320) has released an update.
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China Resources Pharmaceutical Group Ltd. has announced a plan to increase its shareholding in Jiangzhong Pharmaceutical, targeting an investment between RMB60 million and RMB120 million. This move, aimed at boosting investor confidence and recognizing the long-term value of Jiangzhong, will be executed within the next 12 months through the Shanghai Stock Exchange. The decision underscores the Group’s confidence in Jiangzhong’s future growth prospects.
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