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Tianjin Pharmaceutical Updates on Financial Proceeds Management

Story Highlights
  • Tianjin Pharmaceutical operates in the pharmaceutical industry, producing medicinal products.
  • The company updated on the deposit and use of net proceeds, ensuring regulatory compliance.
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Tianjin Pharmaceutical Updates on Financial Proceeds Management

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The latest announcement is out from Tianjin Zhongxin Pharmaceutical Group Corp. Ltd. Class S ( (DE:2TZ) ).

The board of Tianjin Pharmaceutical Da Ren Tang Group Corporation Limited has provided an update regarding the deposit and use of net proceeds from a previous placement. The announcement details the company’s adherence to regulatory provisions from the China Securities Regulatory Commission and the Shanghai Stock Exchange, ensuring transparency and compliance in financial operations. The update includes a report on the allocation of proceeds as of June 30, 2025, highlighting the company’s strategic financial management and potential implications for stakeholders.

More about Tianjin Zhongxin Pharmaceutical Group Corp. Ltd. Class S

Tianjin Pharmaceutical Da Ren Tang Group Corporation Limited, formerly known as Tianjin Zhongxin Pharmaceutical Group Corporation Limited, is a company incorporated in the People’s Republic of China. It operates in the pharmaceutical industry, focusing on the production and distribution of medicinal products.

For an in-depth examination of 2TZ stock, go to TipRanks’ Overview page.

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