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Shanghai Pharmaceuticals plans to raise funds not to exceed 14.384 billion

 Last Update: 2021-07-06
 Source: Internet
 Author: User

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On May 11, Shanghai Pharmaceuticals issued a plan for non-public issuance of A shares
.

According to the plan, Shanghai Pharmaceuticals intends to issue a total of no more than 852,626,796 A shares to Yunnan Baiyao Group Co.

According to the announcement, Yunnan Baiyao has subscribed for a total of 11.
229 billion yuan in this issuance
.

After the issuance is expected, Yunnan Baiyao will hold 18.

Another fixed increase target Shanghai Tandong is a wholly-owned subsidiary of Shanghai Shangshi, which will also invest 3.
155 billion yuan this time
.

After the issuance is completed, Shanghai Industrial Group and its related parties will still serve as the controlling shareholders of Shanghai Pharmaceuticals, holding 33.

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