Jinhai International Group Holdings Limited (HK:2225) has released an update.
Jinhai International Group Holdings Limited, through its subsidiary Jinhai SH, has entered into a Cooperation Framework Agreement to invest up to RMB 16,500,000 in Shanghai Lichen, a medical equipment company. This strategic investment, funded by internal resources, aims to integrate Shanghai Lichen’s operations with Jinhai’s medical products and services, potentially resulting in Shanghai Lichen becoming a subsidiary of the group. Additionally, the agreement includes a change of Shanghai Lichen’s name to Shanghai Jinhai Lichen Medical Technology Co., Ltd., reflecting the new partnership.
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