Shanghai Pharmaceuticals Holding Buys Additional 10% Stake in Finance Company

MT Newswires Live

2025/07/28

Shanghai Pharmaceuticals Holding (SHA:601607, HKG:2607) purchased an additional 10% stake in Shanghai Shangshi Group Finance from Shanghai Shi Dongtan for 143.3 million yuan, according to a Saturday filing with the Shanghai bourse.

Following the transaction, Shanghai Pharma's stake in Shanghai Shangshi, a finance company, will rise to 40% from 30%, the filing said.

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