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Wanjia Group Holdings Ltd. ( (HK:0401) ) has provided an announcement.
Wanjia Group Holdings Ltd. announced that its subsidiary, Wuhua Yongke Kidney Hemodialysis Company, received a notice from Wuhua County Medical Insurance Management Centre due to non-compliance with prescription practices. This has led to a temporary suspension of their Insurance Service Agreement for 61 days. The company is implementing rectification measures to address the issue and ensure compliance, while redirecting patients to other centers. The suspension is not expected to have a material adverse impact on the company’s overall financial position or operations.
More about Wanjia Group Holdings Ltd.
Wanjia Group Holdings Ltd. operates in the healthcare industry, focusing on kidney hemodialysis services through its subsidiaries.
Average Trading Volume: 643,641
Technical Sentiment Signal: Buy
Current Market Cap: HK$75.07M
Learn more about 0401 stock on TipRanks’ Stock Analysis page.