Wuhan Hiteck Biological Pharma Co.,Ltd completed the acquisition of a 6.995% stake in Beijing Shadong Biotechnology Co., Ltd. from JunHe Enterprise Management Co., Ltd., Yang Shifang, Cui Junsheng, Sha Bingdong and Guo Cheng
February 19, 2024
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Wuhan Hiteck Biological Pharma Co.,Ltd (SZSE:300683) agreed to acquire 26.995% stake in Beijing Shadong Biotechnology Co., Ltd. from JunHe Enterprise Management Co., Ltd., Yang Shifang, Cui Junsheng, Sha Bingdong and Guo Cheng on December 8, 2023. The has been reviewed and approved by the sixth meeting of the fifth board of directors and the second extraordinary general meeting of shareholders in 2014 of Wuhan Hiteck Biological Pharma Co.,Ltd (SZSE:300683).
Wuhan Hiteck Biological Pharma Co.,Ltd (SZSE:300683) completed the acquisition of a 6.995% stake in Beijing Shadong Biotechnology Co., Ltd. from JunHe Enterprise Management Co., Ltd., Yang Shifang, Cui Junsheng, Sha Bingdong and Guo Cheng on February 20, 2024.
Wuhan Hiteck Biological Pharma Co Ltd is a biopharmaceutical company. The Company operates five segments. The Biopharmaceutical segment is engaged in research, development, production and sales of biological products, and its primary product is mouse nerve growth factor for injection named Jinlujie. The Medical Technology Service segment is mainly involved in the technical development, technical consultation and technology transfer of chemical drugs. The In Vitro Diagnostic Reagents segment operates the research, development, production and sales of in vitro diagnostic reagents. The Pharmaceutical Sales and Wholesale segment is engaged in the sales and wholesale of pharmaceuticals. The Other segmentâs businesses include the cultivation and sales of Chinese herbal medicines, and the wholesale and retail of health products.
Wuhan Hiteck Biological Pharma Co.,Ltd completed the acquisition of a 6.995% stake in Beijing Shadong Biotechnology Co., Ltd. from JunHe Enterprise Management Co., Ltd., Yang Shifang, Cui Junsheng, Sha Bingdong and Guo Cheng