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    Home > Medical News > Medical World News > Layout the entire industrial chain of Chinese medicine! China Traditional Chinese Medicine Acquires 51% Equity in Longzhong Pharmaceutical for 140 Million Yuan

    Layout the entire industrial chain of Chinese medicine! China Traditional Chinese Medicine Acquires 51% Equity in Longzhong Pharmaceutical for 140 Million Yuan

    • Last Update: 2020-01-03
    • Source: Internet
    • Author: User
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    A few days ago, Chinese traditional medicine announced that the company, through its subsidiary Guangdong Yifang Pharmaceutical Co., Ltd., which holds 87.3% of the shares, signed an investment agreement with Gansu Provincial Hospital of traditional Chinese medicine, the shareholder of Gansu Longzhong Pharmaceutical Co., Ltd on December 30, 2019, and transferred 51% of the shares of Gansu Longzhong pharmaceutical held by Gansu Provincial Hospital of traditional Chinese medicine at a price of 139 million yuan According to the announcement, after the completion of equity delivery, Guangdong will hold 51% of Longzhong pharmaceutical, Gansu Provincial Hospital of traditional Chinese medicine will hold 35% of Longzhong pharmaceutical, and Gansu pharmaceutical Investment Group Co., Ltd will hold 14% of Longzhong pharmaceutical.
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