Sanjiu Pharmaceutical Implements Purchase PlanSanjiu Pharmaceutical Co., Ltd. is busily implementing its purchase plan used capital raised.Sanjiu Pharmaceutical recently signed purchase agreement with the relative shareholders to formally take over 100% asset equity of Sanjiu Huangshi Pharmaceutical Factory, 65% share equity of Beijing Sanjiu Wandong Pharmaceutical Co., Ltd., 50.1% share equity of Ningbo Medical Material Co., Ltd., 50.5% share equity of Changsha Sanjiu Medicine Co., Ltd. and 51% share equity of Quzhou Medicine Co., Ltd. The above purchases are all realized with the capital raised. Reportedly after the realization of the 5 purchases, Sanjiu will avoid the competition of the same trade with the controlling shareholders. At the same time, the company will enrich the product structure, rally the sales net and extend the company's market share. (Panorama) |
| People's Daily Online --- http://www.peopledaily.com.cn/english/ |