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TODAY'S MARKET INTELLIGENCE

Sinopharm Modern Plan to Acquire 51% of Guorui Pharma for 406M Yuan

Published: 2026-08-19 17:55:47Category: financeHeat: 72

English summary

Sinopharm Modern plans to acquire 51% equity of Sinopharm Group Guorui Pharmaceutical for RMB406 million in cash. The related-party transaction, approved by the board, will make Guorui a controlled subsidiary, expanding the company's business.

The English text is machine translated and may require verification against the Chinese version.

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