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Raily Aesthetic Medicine Ends Contractual Arrangements Amid Strategic Shift

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Raily Aesthetic Medicine Ends Contractual Arrangements Amid Strategic Shift

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The latest announcement is out from Raily Aesthetic Medicine International Holdings Limited ( (HK:2135) ).

Raily Aesthetic Medicine International Holdings Limited announced the termination of its contractual arrangements with Hangzhou Beilifeier, as the latter shifts its strategic focus towards the sales of aesthetic medical equipment products. This move comes after the cessation of Hangzhou Beilifeier’s aesthetic medical services and the application for a medical device business license, removing restrictions on foreign ownership and allowing Raily to transfer equity interests and unwind previous agreements.

More about Raily Aesthetic Medicine International Holdings Limited

Raily Aesthetic Medicine International Holdings Limited, incorporated in the Cayman Islands, operates in the aesthetic medical industry. The company focuses on providing aesthetic medical services and selling aesthetic medical equipment products in the People’s Republic of China.

Average Trading Volume: 423,632

Technical Sentiment Signal: Sell

Current Market Cap: HK$69.63M

For detailed information about 2135 stock, go to TipRanks’ Stock Analysis page.

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