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China Resources Medical Initiates Legal Action Over Yan Hua IOT Dispute

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China Resources Medical Initiates Legal Action Over Yan Hua IOT Dispute

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China Resources Medical Holdings Co ( (HK:1515) ) has issued an update.

China Resources Medical Holdings Co has initiated legal proceedings related to a dispute over the Yan Hua IOT Agreement. The Beijing Second Intermediate People’s Court has accepted the company’s filing, which seeks to terminate the agreement and obtain compensation for breach of contract. This move is part of the company’s efforts to safeguard its interests and those of its shareholders.

The most recent analyst rating on (HK:1515) stock is a Sell with a HK$3.30 price target. To see the full list of analyst forecasts on China Resources Medical Holdings Co stock, see the HK:1515 Stock Forecast page.

More about China Resources Medical Holdings Co

China Resources Medical Holdings Co is a company incorporated in the Cayman Islands, focusing on the healthcare industry. It provides medical services and operates hospitals, with a market focus on enhancing healthcare infrastructure and services in China.

Average Trading Volume: 6,015,375

Current Market Cap: HK$5.3B

Learn more about 1515 stock on TipRanks’ Stock Analysis page.

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