SIHUAN PHARM: Plans to spin off shares of XuanZhu Biotechnology and list on the main board of the Hong Kong Stock Exchange
Jin10 Data reported on November 12 that SIHUAN PHARM announced that the board of directors has decided to spin off the shares of XuanZhu Bio and list them on the main board of the Hong Kong Stock Exchange, and has obtained approval from the Hong Kong Stock Exchange for the proposed spin-off of XuanZhu Bio. At the same time, Hainan SIHUAN has entered into an equity transfer agreement with Sunshine Life to further acquire approximately 3.6177% of the shares of XuanZhu Bio for a total price of about 308 million yuan