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China Resources Pharmaceutical Signs New Sales Agreement with CR Healthcare

Story Highlights
  • China Resources Pharmaceutical signed a new agreement with CR Healthcare for 2026-2028.
  • The agreement requires independent shareholder approval due to high transaction ratios.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Resources Pharmaceutical Signs New Sales Agreement with CR Healthcare

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China Resources Pharmaceutical Group Ltd. ( (HK:3320) ) just unveiled an update.

China Resources Pharmaceutical Group Ltd. has announced the signing of a new Sales Framework Agreement with CR Healthcare, effective from January 1, 2026, to December 31, 2028. This agreement, which involves connected transactions due to the relationship between the companies, requires approval from independent shareholders as the applicable percentage ratios exceed 5%. An Extraordinary General Meeting (EGM) will be convened to seek this approval, and a circular detailing the agreement will be dispatched to shareholders.

The most recent analyst rating on (HK:3320) stock is a Hold with a HK$5.50 price target. To see the full list of analyst forecasts on China Resources Pharmaceutical Group Ltd. stock, see the HK:3320 Stock Forecast page.

More about China Resources Pharmaceutical Group Ltd.

Average Trading Volume: 14,581,121

Technical Sentiment Signal: Sell

Current Market Cap: HK$28.96B

Find detailed analytics on 3320 stock on TipRanks’ Stock Analysis page.

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