Xinhua medical: the non-public offering of shares was approved by Shandong SASAC
Financial Associated Press, January 14 (Xinhua medical announcement). On January 14, 2022, the company received a notice from the controlling shareholder Shandong Yiyang Health Industry Development Group Co., Ltd. ("Shandong health"), and Shandong SASAC has made the reply on the non-public offering of shares of Shandong Xinhua medical device Co., Ltd. (luguzyizi [2022] No. 1), It is agreed that Xinhua medical will issue no more than 121928427 shares in a non-public manner. After the issuance, the total share capital of Xinhua medical will not exceed 528356518 shares, of which Shandong health will hold no more than 152008170 shares, with a shareholding ratio of no less than 28.77%.
This text is a result of machine translation.
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