Fosun Pharma to joint-venture focused on the maternal and infant industry
date:2018-06-07
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Keyword: Fosun Pharma focused on the maternal and infant industry

On May 14, Fosun Pharma (600196) announced that the company and its holding subsidiary, Jiangsu Wanbang Cloud Health Technology Co., Ltd. (hereinafter referred to as “Wanbang Cloud Health”) signed a “JV Contract” with its related parties Fosun Health Holdings and Haitun International said parties will invest and establish Shanghai Xingbao Zhikang Technology Co., Ltd. (temporary name to later be finalized by the registration authority, hereinafter referred to as “Xingbao Zhikang”). The transaction constitutes affiliated transaction. The registered capital of Xingbao Zhikang is RMB 18 million.
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