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Beauty Farm Announces Major Shareholder Change

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Beauty Farm Announces Major Shareholder Change

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An announcement from Beauty Farm Medical & Health Industry, Inc. ( (HK:2373) ) is now available.

Beauty Farm Medical and Health Industry Inc. announced a significant change in its shareholder structure as CITIC Private Equity Funds Management Co., Ltd. (CPE) has sold approximately 21.77% of its shares, ceasing to be a substantial shareholder. This transaction involves new investors, including foreign healthcare sector funds and international hedge funds, indicating strong confidence in the company’s future growth and the overall beauty and healthcare industry in China. The board expects no adverse effects on operations due to this change.

More about Beauty Farm Medical & Health Industry, Inc.

Beauty Farm Medical and Health Industry Inc. operates in the beauty and healthcare industry, focusing on providing medical and health services. The company is known for its leadership position and development potential within the industry.

Average Trading Volume: 884,524

Technical Sentiment Signal: Buy

Current Market Cap: HK$6.26B

Find detailed analytics on 2373 stock on TipRanks’ Stock Analysis page.

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