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Venus Medtech Confirms Accurate Use of Proceeds Following Review

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Venus Medtech Confirms Accurate Use of Proceeds Following Review

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Venus Medtech (Hangzhou), Inc. Class H ( (HK:2500) ) has issued an update.

Venus Medtech (Hangzhou) Inc. has announced the completion of a supplementary review regarding the historical use of proceeds from its Initial Global Offering and subsequent placings. The review, conducted independently from the previous finance management team, confirmed the accuracy of past financial disclosures and ascertained that funds were deployed as intended. This update provides stakeholders with a definitive understanding of the company’s financial position, eliminating the need for further adjustments or clarifications.

More about Venus Medtech (Hangzhou), Inc. Class H

Venus Medtech (Hangzhou), Inc. is a company incorporated in the People’s Republic of China, operating in the medical technology industry. It primarily focuses on the development and production of medical devices, particularly those related to cardiovascular treatment solutions.

YTD Price Performance: 0.0%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$2.48B

See more insights into 2500 stock on TipRanks’ Stock Analysis page.

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