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LEPU ScienTech Announces Shareholding Reduction by Controlling Shareholder

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LEPU ScienTech Announces Shareholding Reduction by Controlling Shareholder

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LEPU ScienTech Medical Technology (Shanghai) Co., Ltd. Class H ( (HK:2291) ) has provided an update.

LEPU ScienTech Medical Technology (Shanghai) Co., Ltd. announced a decrease in shareholding by its controlling shareholder, Lepu Medical Technology (Beijing) Co., Ltd., which sold 11,140,000 H shares to enhance liquidity. Despite this sale, Lepu Medical maintains a strong commitment to the company, holding approximately 77.54% of its issued share capital. The board does not anticipate any negative impact on the company’s operations from this transaction.

More about LEPU ScienTech Medical Technology (Shanghai) Co., Ltd. Class H

LEPU ScienTech Medical Technology (Shanghai) Co., Ltd. is a joint stock company incorporated in the People’s Republic of China. The company, along with its subsidiaries, operates in the medical technology industry, focusing on the development and provision of medical products and services. It is listed on the Stock Exchange of Hong Kong.

Average Trading Volume: 946,069

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$8.63B

For a thorough assessment of 2291 stock, go to TipRanks’ Stock Analysis page.

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