Hualan's Subsidiary Invests 205 Million Yuan for 34.17% Stake in Natural Constant, Strategically Expanding into AI Pharma

Stock News06-01

Jiangsu Hualan New Pharmaceutical Material Co.,Ltd. (ASX: 301093) has announced that its wholly-owned subsidiary, Hainan Lingqing Digital Intelligence Pharmaceutical Technology Co., Ltd., will use its own funds of 205 million yuan to invest in Wuxi Natural Constant Technology Co., Ltd. This capital increase will result in the subsidiary holding a 34.17% stake in Natural Constant on a fully diluted basis post-transaction.

This investment represents a forward-looking strategic move by the company into the AI pharmaceutical sector. The business model, technological pathways, and profit cycles in this field differ from those of the company's traditional core operations.

The company stated that its current operations are orderly and its financial structure remains robust. The investment, made with the company's own capital, is contingent on ensuring the continued development of its primary business and is not expected to impact normal production activities or cash flow.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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