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YiChang HEC ChangJiang Pharmaceutical Completes Merger with Sunshine Lake Pharma

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YiChang HEC ChangJiang Pharmaceutical Completes Merger with Sunshine Lake Pharma

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An announcement from YiChang HEC ChangJiang Pharmaceutical Co. Ltd. Class H ( (HK:1558) ) is now available.

YiChang HEC ChangJiang Pharmaceutical Co., Ltd. has announced the successful fulfillment of all conditions for its merger with Sunshine Lake Pharma Co., Ltd., making the merger effective. This development marks a significant step in the company’s strategic operations, potentially enhancing its market positioning and operational capabilities. Additionally, an agent has been appointed to facilitate the trading of odd lots of the Offeror H Shares, ensuring smoother transactions for shareholders during the specified period.

The most recent analyst rating on (HK:1558) stock is a Buy with a HK$13.80 price target. To see the full list of analyst forecasts on YiChang HEC ChangJiang Pharmaceutical Co. Ltd. Class H stock, see the HK:1558 Stock Forecast page.

More about YiChang HEC ChangJiang Pharmaceutical Co. Ltd. Class H

YiChang HEC ChangJiang Pharmaceutical Co. Ltd. is a pharmaceutical company based in the People’s Republic of China. It operates in the healthcare industry, focusing on the development and manufacturing of pharmaceutical products.

Average Trading Volume: 9,815,063

Technical Sentiment Signal: Buy

Current Market Cap: HK$12.65B

Learn more about 1558 stock on TipRanks’ Stock Analysis page.

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