Shanghai Sanyou Medical (SHA:688085) completed its share issuance of 16,398,994 new A-shares at 13.10 yuan per share and cash payment for asset acquisition, with registration completed on Feb. 17, according to a Thursday filing with the Shanghai Bourse.
The acquired assets have been transferred, and the newly issued shares will be tradable after the lock-up period. This transaction, approved by regulatory authorities, strengthens Sanyou Medical's financial position and strategic growth.
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