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BRIEF-Tianjin Zhongxin Pharmaceutical to use up to 6.5 mln yuan to buy 20 pct stake in Chinese medicine unit
March 31, 2017 / 11:13 AM / 8 months ago

BRIEF-Tianjin Zhongxin Pharmaceutical to use up to 6.5 mln yuan to buy 20 pct stake in Chinese medicine unit

March 31(Reuters) - Tianjin Zhongxin Pharmaceutical Group Corp Ltd :

* Says it will use up to 6.5 million yuan to buy 20 percent stake in its Chinese medicine controlling unit, which is in charge of Bozhou industrial park construction project

* It will hold 71 percent stake in the Chinese medicine unit after transaction

Source text in Chinese: goo.gl/0p4bm9

Further company coverage: (Beijing Headline News)

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