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An announcement from China Resources Medical Holdings Co ( (HK:1515) ) is now available.
China Resources Medical Holdings Co recently received a favorable judgment from the Beijing High People’s Court in a legal dispute with Yan Hua Phoenix and Yan Hua Hospital over a breach of the Yan Hua IOT Agreement. The court ordered the Yanhua Parties to pay a total of RMB209,480,000 for various losses, including hospital management fees and service transaction cessations, which the company has now received. The company is considering the appropriate accounting treatment for this payment, which may impact its financial statements. Shareholders and investors are advised to act cautiously regarding the company’s shares.
More about China Resources Medical Holdings Co
China Resources Medical Holdings Co is a company incorporated in the Cayman Islands, with its operations primarily focused on providing medical and healthcare services. The company is listed on the Hong Kong Stock Exchange and is involved in managing hospitals and healthcare facilities.
Average Trading Volume: 154
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