MicroPort Scientific Corporation Announces Share Disposal by Substantial Shareholder to Facilitate Strategic Expansion

Reuters

2025/07/25

MicroPort Scientific Corporation Announces Share Disposal by Substantial Shareholder to Facilitate Strategic Expansion

MicroPort Scientific Corporation has announced a proposed disposal of shares by a substantial shareholder, Otsuka Medical Devices Co., Ltd. Otsuka has entered into sale and purchase agreements to sell a total of 290,670,408 shares of the company. The purchasers include a fund managed by Shanghai SIIC Capital Management Co., Ltd., We'Tron Capital Limited, and investment platforms of the company's management. This transaction is expected to facilitate the expansion of MicroPort's core businesses, potential strategic mergers and acquisitions, and enhance corporate governance standards.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MicroPort Scientific Corporation published the original content used to generate this news brief on July 25, 2025, and is solely responsible for the information contained therein.

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