
China Resources Pharmaceutical Group Seeks to Sell 17.87% Stake in Tianmai Biotechnology

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China Resources Pharmaceutical Group Ltd. is looking to sell a 17.87% stake in Hefei Tianmai Biotechnology Development Co., Ltd. through a public tender on the Shanghai United Assets and Equity Exchange. The minimum listing price is approximately RMB 1.42 billion. As of now, no buyer has been identified, and the process will end if a suitable transferee is not found.
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