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BRIEF-Kangmei Pharmaceutical unit to fully acquire trading firm for 1.2 mln yuan
March 1, 2017 / 10:24 AM / 7 months ago

BRIEF-Kangmei Pharmaceutical unit to fully acquire trading firm for 1.2 mln yuan

March 1 (Reuters) - Kangmei Pharmaceutical Co Ltd :

* Says its Shanghai-base pharmacy unit plans to fully acquire 100 percent stake of shares in Fuzhou-based trading firm for 1.2 million yuan

* Says its unit, a Beijing-based drug research institute, was recognized as high-tech enterprise and will enjoy a tax preference of 15 percent for three years

Source text in Chinese: goo.gl/o3k6D6 ; goo.gl/4QU9E0

Further company coverage: (Beijing Headline News)

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