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Jinhai International Group Holdings Limited ( (HK:2225) ) has provided an update.
Jinhai Medical Technology Limited has successfully completed the issuance of 120,000,000 new shares under its general mandate, raising approximately HK$161.0 million in net proceeds. The funds will be used for potential mergers and acquisitions in the healthcare sector, research and development, and general working capital. This strategic move slightly dilutes existing shareholders but positions the company for growth and expansion in its industry.
More about Jinhai International Group Holdings Limited
Jinhai Medical Technology Limited operates in the healthcare sector, focusing on the development and investment in healthcare-related projects and companies. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 4,180,989
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$9.31B
For detailed information about 2225 stock, go to TipRanks’ Stock Analysis page.