New action! South China traditional Chinese medicine giant plans to purchase an additional 18.18 percent stake in Guangzhou Pharmaceuticals for 1 billion yuan. The shareholding ratio will rise to 90 percent


2022-08-08: [Chinese Article Link] On the evening of 7 August, White Cloud Mountain, China’s South Chinese pharmaceutical industry giant (600332), issued an announcement to purchase 18,147% of the shares of the company’s controlled subsidiary, Guangzhou Pharmaceuticals Co. Ltd. (“Huangzhou Medicine”), with an estimated $1,003…


Note: This is a machine translated version of the Chinese news media article. A mature and nuanced reading is suggested.




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New action! South China traditional Chinese medicine giant plans to purchase an additional 18.18 percent stake in Guangzhou Pharmaceuticals for 1 billion yuan. The shareholding ratio will rise to 90 percent


2022-08-08: [Article Link] On the evening of 7 August, White Cloud Mountain, China’s South Chinese pharmaceutical industry giant (600332), issued an announcement to purchase 18,147% of the shares of the company’s controlled subsidiary, Guangzhou Pharmaceuticals Co. Ltd. (“Huangzhou Medicine”), with an estimated $1,003…

Note: This is a translated version of the Chinese news media article. A mature and nuanced reading is suggested.