Healthcare Nov 20, 2020 07:15 PM (GMT+8) · EqualOcean
Midea Group announced that the company's controlling shareholder, Midea holding and acting in concert, reduced 70.28 million shares of the company's shares through block trading on September 3 and November 20, accounting for 1.00% of the company's total share capital. Reasons for the reduction: Midea holdings plans to invest about 10 billion yuan in Beijiao, Shunde, to build a non-profit Heyou international hospital. As a non-profit hospital, the future operating income of Heyou international hospital will be used for the sustainable development of the hospital and the well-being of the people's livelihood. All the funds obtained from the reduction will be used for the construction of the hospital.
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