Concord Healthcare Group Co. Ltd. has successfully completed the placement of 18,600,000 new H shares under a general mandate. The placement, executed by the Placing Agent, was conducted at a price of HK$5.38 per share, representing approximately 7.54% of the issued H Shares. The Board of Concord Healthcare Group announced that all conditions outlined in the Placing Agreement have been fulfilled, ensuring the placement's completion. The newly issued shares were distributed among no fewer than six investors, in line with the agreed terms and conditions.
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