Shandong Weigao Blood Purification Products Co.,Ltd. (603014.SH) announced its plan to issue shares for the acquisition of 100% equity in Shandong Weigao Puraid Medical Packaging Co., Ltd. ("Weigao Puraid") held by Weigao Group, Weihai Shengxi, and Weihai Ruiming. The company's shares will resume trading on Monday, November 3, 2025.
Upon completion of the transaction, the company aims to expand its product line into the pharmaceutical packaging materials sector by integrating Weigao Puraid's technological expertise and product portfolio. Additionally, the deal will leverage the listed company's hollow fiber filtration technology and Weigao Puraid's extensive customer resources in the biopharmaceutical field, enabling mutual enhancement in product technology and sales channels for biopharmaceutical filtration businesses. This collaboration is expected to drive growth in the upstream biopharmaceutical market, with a focus on biopharmaceutical filtration products.
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