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New Ray Medicine International Holding Ltd. ( (HK:6108) ) has issued an announcement.
New Ray Medicine International Holding Ltd. has announced a cooperation agreement involving its subsidiary, China New Rich, and two partners to establish a Target Company. This company will invest in and construct an industrial park for the healthcare industry in Shengzhou, Zhejiang Province, China. The project includes acquiring land use rights and developing related facilities. The financial investment from New Ray Medicine will be recognized as a financial asset, not consolidated with the company’s financial results, indicating a strategic expansion in the healthcare infrastructure sector.
More about New Ray Medicine International Holding Ltd.
New Ray Medicine International Holding Ltd. operates in the healthcare industry, focusing on investments and developments related to healthcare infrastructure. The company is involved in projects that enhance healthcare facilities and services.
Average Trading Volume: 365,986
Technical Sentiment Signal: Hold
Current Market Cap: HK$72.73M
Learn more about 6108 stock on TipRanks’ Stock Analysis page.