Sihuan Pharmaceutical Holdings Group (HK:0460) has released an update.
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Sihuan Pharmaceutical Holdings Group is planning to spin off its subsidiary, Xuanzhu Biopharm, by listing its H shares independently on the main board of the Stock Exchange. This move is expected to enhance strategic focus and resource allocation while providing both companies with distinct fundraising platforms. Shareholders and investors will benefit from the opportunity to invest in separate entities with clear growth prospects.
For further insights into HK:0460 stock, check out TipRanks’ Stock Analysis page.
